The World Travel & Tourism Council (WTTC) forecasts that by 2025 the travel and tourism sector in Spain could reach a new all-time high, with an estimated contribution of €260.5 billion to GDP, equivalent to almost 16% of the national economy.
According to the latest Economic Impact Research (EIR), prepared by WTTC in collaboration with Oxford Economics, these forecasts reinforce the role of tourism as one of the country’s main economic drivers, with an estimated year-on-year increase of 4.7%.