Spain Online Travel 2019: By the Numbers
Note: The market sizing and analysis contained in this report were completed prior to the outbreak of COVID-19, the novel coronavirus that began in Wuhan, China and has since spread to countries worldwide. The virus will have a significant impact on global travel markets in 2020. Phocuswright is actively monitoring this highly dynamic situation, and will provide updates and/or publish new material as soon as possible.
Though the Spanish travel market experienced rapid growth over the past several years as the country recovered from the global financial crisis, it is projected to decline roughly 2% in 2019 due to a convergence of factors. The online market will sustain slight growth of 1% in 2019, with 4% annual growth projected for the next several years, as the shift to online channels continues. This report provides current data, charts and analysis on the Spanish travel market, with sizing and projections from 2017-2023.
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