Spain's tourism sector has lost 164 billion euros due to COVID-19

Spain's tourism sector has lost 164 billion euros due to COVID-19


371      10.05.2022

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Spain's tourism sector has lost 164.391 billion euros over the past two years as a result of the COVID-19 pandemic.

The statement came from the Spanish Exceltur Tourism Industry Association.

According to the report, 154.738 billion euros in tourism revenues in 2019, 52.539 billion euros in 2020 (2.9 times less than in 2019) and 88.546 billion euros in 2021 (compared to 2019). 42.8% less) enib.

The statement said that Spanish tourism will not reach 2019 figures this year either, adding that total revenue from tourism activities in 2022 is estimated at 135.461 billion euros (19.277 billion euros or 12.5% ‚Äč‚Äčless than in 2019).

Before the pandemic, the share of the tourism sector in the gross national product (GNP) was 12.4%, but in 2020 it fell to 5.4%, and in 2021 to 7.4%. The share of tourism in GDP is expected to increase to 10.5% this year.

Experts say that the impact of the Omicron option, which has led to a rapid increase in the number of infections, on the tourism sector this year is uncertain in the short term, they are more optimistic for 2023 and could reach 2019 figures.

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