Spain Travel Market Report 2023-2027
- Published:
- April 2024
- Research Type:
- Report
- Figures:
- 27
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages
- Regions:
- Europe
Summary
Spain's travel market completed its recovery in 2023, with gross bookings rising 36% to €34.6 billion, positioning it as one of the fastest-growing travel markets in Europe. Online transactions led this growth, advancing to record levels as travelers increasingly embraced digital platforms. The shift towards mobile also gained momentum, reflecting growing consumer confidence, particularly with simpler-to-book segments. Hotel bookings, constituting the lion's share of the market, surpassed pre-pandemic levels significantly. Looking ahead, the Spanish travel market is poised for sustained albeit moderated growth, buoyed by ongoing digital and mobile advancements and challenged by economic concerns.
This report provides a comprehensive view of the Spain travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.
The Spain Travel Market Report 2023-2027 is part of Phocuswright’s Europe Travel Market Report 2023-2027 series, which features six key countries/regions as well as a regional overview.
With the single purchase of the series, the following reports are automatically included at no additional cost:
