
Spain's tourism industry anticipates a sharp slowdown in summer revenue growth, despite still forecasting record visitor numbers, industry group Exceltur announced on Thursday. The anticipated deceleration is attributed to global consumer spending uncertainties, exacerbated by US tariff negotiations.
Exceltur projects revenues for hotels, airlines, and restaurants to increase by 2.7% year-on-year in the third quarter, Spain's high season. This marks a significant drop from the 6.3% growth recorded in the same period of 2024 for the world's second most-visited country.