Tourist Expenditure in the Canary Islands

Tuesday, 05 May 2015

The Canary Islands maintained its number one position, by volume of revenue in the first quarter, with €3,562 million, representing 33.1% of the total and a decrease of 1.5%.

In March, the Islands received €1,175 million, 28% of the total pot but a 9.8% decrease from the previous year. Reasons for the fall included a drop in average spending per tourist and a slight decrease in the number of tourists, especially Nordic.

Spain as a whole reached a new record in tourism spending by international tourists in the first quarter of 2015, with a total expenditure of 10,764 million euros, 7% more than in the same period of 2014, according to the official Survey of Tourist Expenditure (EGATUR) conducted by the General Department of Tourism Studies Knowledge and the Ministry of Industry.

Tourists from the UK were the primary revenues spending a total of €1,884 million, an increase of 14.8%.  The second largest market expenditure until March was Germany with €1,691,000 and, thirdly, the Nordic countries who brought 1,344 million euros worth of spending over the first quarter of 2015.

 

Source: http://thecanarynews.com/tourist-expenditure-in-the-canary-islands/

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