British Holidaymakers Spent an Average of €48 Million per Day in Spain Last Year

British Holidaymakers Spent an Average of €48 Million per Day in Spain Last Year

Brits continue to flock to the Costa del sol 

Everyone knows that Brits love heading to Spain when they’re choosing a destination in the sun. It seems the Brits weren’t content with just being the main property investors and tourist group for Spain in 2017, as they were also – sort of – the biggest spenders.

As a collective British holidaymakers were spending an average of €48 million a day in Spain, which works out at around €2 million EACH HOUR. All in all, this figure accounts for 20.1% of all tourist spending in the country in 2017. Tourism spending reached a total of €86.82 billion in Spain, with Brits spending around €17.42 billion of that.

German tourists were barely spending more than Brits pre head, but their overall €12.2 billion spent in Spain puts them below the British. The reason for this was that there were more Brits than Germans in Spain 2017, with around 18.78 million Brits and 11.89 million Germans visiting.

French and Scandinavian tourists threw another €7 billion each into the Spanish economy last year, leading to tourism accounting for 11% of the GDP for the country; meaning tourism is one of the most important industries in Spain. 

The data comes to us from the Ministry of Tourism in Spain and shows just how important it is that Spain continues attracting city breakers, sun-seekers, hikers, golfers, and culture vultures to their shores.

Overall, a total of over 81 million people visited Spain during 2017, representing an annual increase of 8.6%.

Brits Spend Over €74 million a Day In Spain During August

Brits Spend Over €74 million a Day In Spain During August

Tourist spending has been at an all time high.

Brits really dug deep into their pockets during August;spending money on drinks, food, shopping, and hotels.

If people still doubted that British were vital to the Spanish tourism industry then the recent statistics from the tourism ministry will remove those doubts. The latest data shows that British tourists accounted for 22.3% of the tourist spending in August.

This came to a grand total of €2.3 billion spent by Brits throughout Spain during August, or €74.6 million each day. This works out at around €116 per person, per day.

This data is a reflection of the strong tourism trends of Spain in 2016. All the indications are that Spain will see record visitor numbers in 2016. Though for the brits this is just a continuation of the decades-old trend. It just shows that Spain is still deep in the hearts of many UK holidaymakers.

The Spanish economy was boosted by an extra €334 million each day thanks to the tourism in August. As well as Brits the French and German tourists were spending their fair; making up roughly 14% of the tourism spend for August.

Brits spent an overall 3.5% more this August compared to last year, while German tourists spent around 0.2% more and French tourists spent a whopping 9.1% more.

The only downside to the news was that average spending per person was actually down a little compared to 2015. The average tourist spend was €116 per person, which is down 1.9% compared to last year when compared against the average time that people spent in the country.

Even though more people are coming to Spain they are spending slightly less over last summer. This is really only a tiny negative mark on what has otherwise been an incredibly positive Spanish summer season though.

Regions across all of Spain are celebrating as most places are reporting record highs in terms of tourism spending. Tourists have currently spent €53.3 billion so far this year in Spain, which is 7.1% higher than last year. A statistic to put everything into perspective is that Spanish tourists spent more in the year leading up to August than they did in all of 2012, and there’s still four months of 2016 left.

The Brits still make up the bulk of the spending in the first eight months of the year. Brits accounted for 21.1% of all spending; an increase of 11.8% over 2015.