THE INSTITUTE of Tourism Studies, a department of the Ministry of Industry, Tourism and Commerce has just issued figures for the amount spent by foreign tourists in Spain for October 2010. The results are encouraging and show a rise of 5.3% to €4,289 million euros over October 2009. The average spent by individuals visiting Spain is estimated at almost €900, a rise of 1.2%. These results put a very positive face on for the Tourism sector, which shows an overall increase of 2.3% between January and October 2010, that accounted for a total of €43,329 spent on Tourism in Spain, continuing to show the importance of the sector as a source of revenue generation for the Spanish economy.
The results point to an increased confidence in Spain as a destination with October marking the sixth consecutive month there has been a rise in tourism. Although the average daily spend was estimated at just shy of €100, there was a noticeable drop in spending from the two traditional markets, the UK and Germany!
Foreign tourists spent 4,289 million euros in Spain in October, 5.3% greater than during the same month in 2009. last month's increase in tourist spending was the sixth consecutive monthly rise.
The average overall individual spend rose 1.2% to 896 euros, with the average daily spend going up 1.6% to 96 euros.
The data published today Institute of Tourism Studies of the Ministry of Industry, Tourism and Commerce showed that the complete spend by international tourists in Spain to and from January and October rose to 43,329 million euros, an increase of 2.3% compared with the first ten months of last year.
Despite the fact that overall spending figures went up in October, visitors from the UK and Germany, Spain's principal tourist markets, actually spent 11.4% and 2% less respectively.
Visitors from Scandinavia, the country's third most important tourist market, spent 35.8% greater than last year, accounting for a complete spend of over 400 million euros, with the average individual spend reaching 1,000 euros.
In terms of tourist destinations, Catalunya was the autonomous community which attracted the largest tourist spend, with almost 908 million euros, an increase of 12.4% compared with October last year. to and from January and October, tourist expenditure in Catalunya went up by over 10%. The Canary Islands and the Balearic Islands also showed increases, with visitors spending 2.3% and 12.2% greater respectively.
Andalucia saw tourist expenditure drop 5.5% in October, although across the year in the city has been a 7% increase in spending by tourists in the region.
Foreigners in Madrid spent 567 million euros in October, 11.8% greater than in 2009, with the average individual spend rising 9.9%, to 1,060 euros per stay
