The Takeoff Episode 02: How Startups Can Adapt and Pivot Sponsored This content is created collaboratively with one of our sponsors.
It’s more than taxes hurting Spain’s vital industry, but any cost that motivates visitors to look elsewhere or the Spanish from traveling domestically is a risky move and likely not worth the extra gains.
The Spanish tourist industry lost 1,800 million euros in income in the first two months of the year, according to estimates made by the Alianza para la Excelencia Turística (Exceltur), Tourism excellence alliance, due to a slump by 9.7pc recorded in air traffic, which turned into two million fewer arrivals in the country’s airports.
‘Air levies rises have had devastating effects on Spain’s tourist industry’, said in an interview to Europa Press José Luis Zoreda, vice chairman of Exceltur, who added that in October and November last year a further 2.5 million passengers were also lost as prospective visitors to the country.
Still awaiting for the final results yielded for Easter, the country’s tourist industry is expecting a ‘weak’ demand by Spanish nationals, causing as a result ‘lower occupancy rates’, since bookings in advance had already slumped by 25pc compared to years before recession struck.