Tag: Slow Growth
Spain Tourism experiences slow growth, as rivals recover
Tourism sector of Spain saw slow growth in 2018, as the rival countries like Turkey, Egypt and Tunisia recovered during the time. It was revealed by a report by industry lobby group Exceltur The sector ratcheted up USD 162 billion in sales, 2 per cent more than in 2017, as per a recent report; while that growth was slower than in previous years. In 2017, it had increased by 4.5 per cent and in 2016 by 5 per cent. On Wednesday, the government had acknowledged that 2018 had been another record year in terms of foreign visitor numbers, which reached ... Read more