Regardless of the impact of Brexit on the pound’s value against the euro, in November British Tourist spending in Spain grew 17% as compared to the same month in 2015.
The data from the National Statistics Institute (INE) shows that Brits spent €776 million in Spain last November, which is not only an impressive increase on last year, but also accounted for 18.5% of all foreign tourist expenditure that month…
Moreover, the number of Brits visiting Spain last November rose only by 12.5%, which indicates that Brits are actually keener to dip into their pockets during a holiday to Spain than ever before, spending an average of €120 per day and €895 per holiday.
The only slight contraction came in length of stay, with Brits holidaying for 7.5 days on average last November, down from eight days in 2015.
Overall, Spain’s economy was boosted to the tune of €4.91 billion in tourist spending in November 2016, which is an increase of 8.3% on 2015, the data shows, with German tourists pouring €530 million into the country, followed by Scandinavians (€482 million) and the French (€291 million).
By region, the Canary Islands drew the most expenditure given these islands’ southern latitude and promise of winter sun and warmth: some 31.3% of all tourist spending occurred there in November.
When examined across the entire 11 months of the year up to the end of November 2016, tourist spending figures in Spain are mightily impressive. Overall, expenditure rose 8.4% compared to the same period in 2015, reaching a massive €73.1 billion, of which 21.1% came from British holidaymakers – proving once again just how important the Brits are to the Spanish tourism industry.