Global Travel Media » Blog Archive » Spanish tourists remain loyal to Latin America

Home » Statistics & Trends » Currently Reading:

Spanish tourists remain loyal to Latin America

January 16, 2019 Statistics & Trends No Comments Email Email


Mexico and traditional South American destinations have benefited most from independent Spanish tourists sticking with old favourites when it comes to taking a holiday break, according to latest findings from ForwardKeys which predicts future travel patterns by analysing 17 million booking transactions a day. 

But the Caribbean is seeing a slow-down in visitors – its share of regional arrivals from Spain last year stood at 19%, down two percentage points on 2017, and first-half forward bookings are currently behind 13.2%.

Thirty per cent of independent Spanish travel outside Europe last year was to Latin America and the Caribbean, overall arrivals were up 3.6%. Forward bookings for the first half of 2109 are looking healthy too: ahead 2.7%, holding up against the rest of the world at 2.6%.

ForwardKeys will discuss its finding in more detail at FITUR, the international tourism trade fair in Madrid, January 23-27.

ForwardKeys’ research shows increased seat capacity from Spain to Latin America is helping to sustain growth, along with new scheduled routes this year. On flights to Latin America, capacity for 2019 first half is up 10.4%, although for the Caribbean it’s down 9.8%.

New routes are Level (Iberia) Barcelona to Santiago from April; Air Europa’s Madrid to Iguazu (Argentina), and Madrid to Panama, both starting in June.

An indicator of potential travel demand outside the capital for Spanish travel to Latin America, is revealed by online searches. For instance, Madrid holds 93% of flight connections, but accounted for just 22% of potential demand reflected in searches. Forty-two per cent of searched-for air routes were not operated in 2018.

ForwardKeys CEO and co-founder, Olivier Jager, said: “Our latest findings show that Spanish independent travellers still favour Latin America for obvious reasons. The connections, historical and familial, are strong. And our research shows there’s an untapped appetite outside Madrid. However, the Caribbean downward trend is concerning.”



Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS

%d bloggers like this:
%d bloggers like this:
sitemap