The
Pound May have Slumped a Bit, But Spanish Visitor Numbers Still up 15% in July
The British have always had a reputation of being hardy and
not letting anything (or anyone) get between them and their summer holiday.
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Spain is having an amazing year and beating previous
records month after month.
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Even though the Brexit vote in June brought down the value
of the pound for a short while and made it worth about the same as the Euro (some airports in Spain are
even exchanging pounds for less than the cost of euros) Brits are still heading
to Spain by the bucket load. The latest data from the Office of National
Statistics (INE) shows that the number of British visitors to Spain soared by
15% in July.
The INE data shows that just over 27% of all the hotel rooms
in Spain were occupied by Brits during July, even though the prices for those
rooms have increased by an average of about 6% over last summer. The Spanish
summer lure has been bigger than ever this year and the INE are also reporting
that Spanish hotels across the country are reporting record occupancy numbers.
The Costal del Sol, which has always been a perennial
favourite for the Brits, saw occupancy rates in July reach up to 79%. The Hotel
Owner’s Association of the Costa del Sol (AEHCOS) say they believe this number
will rise to a peak of 85% in August before falling down to the
still-respectable 75% in September.
This summer spike prediction is pretty reasonable given the
incredible start Spain got to the year. January and April saw an increase in
visitor numbers of 13% compared to the same period of time in 2015 reaching a
massive 18.1 million. Spain is definitely on track to break the records set
last year and a large chunk of this is thanks to the loyalty of British
holidaymakers.
After the pound dropped following the Brexit vote many felt
that British tourism numbers would be down. Instead they rose at a much faster
rate than any other nationality and still spend around the same amount on
average while in the country.
British visitors usually have a positive effect on the
economy in the area they stay. Brits also make up the largest portion of
foreign property owners in Spain. A Market Report on the Costa del Sol from
2015 by real estate consultants Aguirre Newman showed that Brits made up a
sizeable chunk of the 75% of foreign nationals purchasing property in and
around Marbella.