Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain loses €1,800 million Jan & Feb due to Air Tax Hike

Source: Skift - Mon 1st Apr 2013
Spain loses €1,800 million Jan & Feb due to Air Tax Hike

The Spanish tourist industry lost €1,800 million in income in the first 2 months of the year, according to estimates made by the Alianza para la Excelencia Turística (Exceltur), Tourism excellence alliance, due to a slump by 9.7% recorded in air traffic, which turned into 2 million fewer arrivals in the country's airports.

"Air levies rises have had devastating effects on Spain's tourist industry", said in an interview to Europa Press José Luis Zoreda, vice chairman of Exceltur, who added that in October and November last year a further 2.5 million passengers were also lost as prospective visitors to the country.

Still awaiting for the final results yielded for Easter, the country's tourist industry is expecting a ‘weak' demand by Spanish nationals, causing as a result ‘lower occupancy rates', since bookings in advance had already slumped by 25% compared to years before recession struck.

Recommended Reading

Skift : Spain's already hurting tourism industry takes another hit from air taxes

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Topics

Related Articles

Related Blogs