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FOREIGN TOURISTS SPENDING LESS<\/p>\nSPAIN\u2019S tourist industry growth has slowed down significantly according to sector group Exceltur which claims it is no longer the \u2018main driver of the country\u2019s economy\u2019. <\/p>\n
It says weaker spending from European and American holidaymakers which lead to a lower contribution this year to the country\u2019s economy.<\/p>\n
The comments come in a year where foreign tourist numbers have risen to record levels along with all-time high overseas passenger figures at Spain\u2019s airports.<\/p>\n
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FOREIGN TOURISTS SPENDING LESS<\/p>\n
Some visitors from countries like France and Germany have reduced their spending levels in Spain while that was offset to some extent by UK, Polish, and Chinese tourists.<\/p>\n
Despite the push-back, Exceltur still expects all tourism-related activity in the country to grow by 2.8% in 2025, down from a 3.3% prediction made in July.<\/p>\n
Last year, the tourism sector reported a 5.5% expansion.<\/p>\n
Exceltur estimated that the tourism industry will contribute 13.1% to Spain\u2019s GDP this year, below its initial estimate of 13.5%.<\/p>\n
Exceltur Vice President, Oscar Perelli, said \u201cTourism is no longer the main driver of the Spanish economy,\u201d<\/p>\n
He added that tourism will no longer far exceed Spain\u2019s expected economic growth of 2.6%.<\/p>\n
Sales across hotels, airlines, restaurants, and other tourism-related businesses rose by 2.8% during the high summer season.<\/p>\n
But that was a significant drop from the 6.3% growth recorded during the same period last.year.<\/p>\n
In the fourth quarter of 2025, Exceltur expects sales to rise by 2%.<\/p>\n