One of the most important economic pillars of Spain
is represented by the tourism industry
. This year started very well for the local tourism industry
and it has increased to such an extent, that it has broken the record in terms of incoming tourists
. Persons who are interested in the tourism industry
for investment purposes
can have many business opportunities, as the market is very well adjusted to accommodate the needs of the local and incoming visitors
. Our team of lawyers in Spain
can offer assistance on the main legal requirements that must be completed when activating in this industry.
Key aspects of the Spanish tourism industry
The tourism industry in Spain increased by 10,2%, measured in terms of tourists numbers. The increase refers to September 2016 and it is measured on a year to year basis, representing 7,9 million tourists.
It is important to know that the Brexit had a positive effect on the Spanish tourism industry, as the British citizens were interested in finding cheaper travelling destinations. At the same time, the British population represented the highest increase in terms of foreign visitors in Spain.
The total number of foreign visitors reached 27,6 million persons and at the level of September 2016, two million tourists were represented by British visitors. Overall, Spain registered an increase of 12,8% (compared to 2015) in the accommodation demands of the British tourists.
Therefore, businessmen who are interested in opening a company in Spain
in the field of tourism
may find many relevant opportunities in this industry.
Overall number of tourists in Spain
The Spanish tourism industry received so far an overall number of tourists estimated at 60,3 million. The number refers only to the first nine months of the year and the estimates for the entire year are showing that 74 million tourists will visit the country.
Our law firm in Spain
can provide legal assistance to the entrepreneurs who need to find out more on the tourism industry
. Please contact our lawyers
for personalized advice.