Spain’s 2023 tourism revenue seen 5% higher than before pandemic

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Reuters UK

MADRID (Reuters) – Revenue from tourism companies in Spain is likely to be 4.7% higher this year than in 2019, before the COVID-19 pandemic ravaged the sector, industry group Exceltur said on Tuesday. Even with uncertainties over the war in Ukraine and inflation, that is the first time Spain’s hotels, resorts, transport companies, car rentals and entertainment businesses have forecast better combined sales than before the pandemic, based on the bookings they are registering. “The picture is hopeful,” Exceltur Vice President Jose Luis Zoreda told a press conference. “It seems that the desire to…

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