Retail constant value sales of booking will continue to recover during the forecast period, exceeding their pre-pandemic peak. The threat posed by COVID-19 is likely to continue to diminish due to vaccination, even though further waves of infection are likely.
Retail constant value sales of booking online were almost double those of booking offline in 2022, with the pandemic serving to deepen this trend, and the gap between the two with continue to widen throughout the forecast period. Internet access and smartphone ownership are now close to ubiquitous in Spain (at least among those aged between 16 and 65 years), and younger consumers in particular strongly favour this channel, appreciating the wider offer, competitive pricing and ease of price comparison.
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Understand the latest market trends and future growth opportunities for the Booking industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Booking industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Booking category includes: Booking Offline, Booking Online including Mobile Travel, Leisure Travel, Business Travel, Travel Intermediaries and Direct Suppliers. It covers point of sale to residents for travel either domestically or abroad.See All of Our Definitions
This report originates from Passport, our Booking research and analysis database.
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