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Learn moreOct 2020
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Spain’s heavy reliance on tourism, with the country being one of the most popular destinations in the world, has meant that the impact of COVID-19 on the Spanish travel market in 2020 has been severe. It is likely to have a prolonged effect on Spain’s economy.
On 16 March, the Spanish government announced the closure of its land borders, allowing only citizens, residents and other people with special circumstances to enter the country. Spain imposed the restrictions on its land borders with France and Portugal after the EU agreed to close the bloc’s external borders for 30 days.
COVID-19 has had a severe impact on all airlines in Spain in 2020. Their cautious resumption of operations after three months on the ground is initially focusing on domestic and regional travel, matching Spaniards’ travel preferences, before increasing their longer-haul international flights later.
Despite the decline in travel intermediaries value sales due to the national lockdown and travel restrictions in Spain, the main intermediaries, Booking.com, El Corte Inglés and Globalia Group, are expected to retain their leading positions in 2020.
The reopening of the country’s borders in July 2020 is expected to help restart the travel market and, therefore, help with Spain’s economic recovery. Initial recovery will be slow, especially as important source markets such as the UK remove Spain from their lists of safe destinations to visit if COVID-19 cases show a rising trend.
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Overview:
Discover the latest market trends and uncover sources of future market growth for the Travel industry in Spain with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you are in the Travel industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Spain for free:
The Travel in Spain market research report includes:
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Why buy this report?
This industry report originates from Passport, our Travel market research database.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.