{"id":111399,"date":"2021-04-07T02:09:48","date_gmt":"2021-04-07T02:09:48","guid":{"rendered":"https:\/\/fin2me.com\/?p=111399"},"modified":"2021-04-07T02:09:48","modified_gmt":"2021-04-07T02:09:48","slug":"foreign-tourism-to-spain-slumps-93-6-in-february-amid-covid-curbs","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/foreign-tourism-to-spain-slumps-93-6-in-february-amid-covid-curbs\/","title":{"rendered":"Foreign tourism to Spain slumps 93.6% in February amid COVID curbs"},"content":{"rendered":"
FILE PHOTO: A person teaches surfing to children at Barceloneta beach, amid the coronavirus disease (COVID-19) outbreak, in Barcelona, Spain April 3, 2021. REUTERS\/Nacho Doce\/File Photo<\/figcaption>

MADRID (Reuters) – Tourist arrivals to Spain plummeted 93.6% year-on-year in February as visitors stayed away from bars and beaches in what is usually the world\u2019s second most visited country.<\/p>\n

International tourism to Spain plunged 80% to 19 million visitors last year – the lowest since 1969 – as coronavirus curbs took their toll.<\/p>\n

That trend continued in the first two months of 2021, data from the National Statistics Institute showed on Tuesday, in further bad news for a country that used to get over a tenth of its gross domestic product from tourism.<\/p>\n

Spain received 284,311 foreign tourists in February, 34.6% less than in January. International tourism revenues dropped 93.3% year on year in February, putting many business in jeopardy.<\/p>\n

While most tourists came from France, one in four travellers in February, the number of French fell 87.4% from February 2020, the last month before the pandemic hit.<\/p>\n

Many French people, weary of their own lockdown, have been flocking over the border to enjoy open bars and restaurants in areas such as Madrid.<\/p>\n

Germans, who have started going back to Mallorca, took second spot.<\/p>\n

Estimates from the Funcas think tank show the tourism sector\u2019s contribution to Spain\u2019s economy slumped to between 4% and 5% last year from around 12% in 2019, jeopardising many businesses.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: A person teaches surfing to children at Barceloneta beach, amid the coronavirus disease (COVID-19) outbreak, in Barcelona, Spain April 3, 2021. 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