Positive economy indicators for the Costa del Sol

10:38 AM · Comments Off · Categories: News from Marbella Costa del Sol · Tags: Andalucia, Development, estepona, europe, Grand-Boulevard, marbella house, Projects, tourism, tourists

A huge influx of tourists in 2014 is not only visibly noticable in Marbella but other areas of Andalucia also. Projections from experts predict approximately 10 billion euros will be created in 2014 in Andalucia meaning other councils are making improvements as well which is great news for the construction sector.

The influx of tourists to Marbella this year has made such an impact that the town has been added to a select list of areas that is allowed to open on Sundays, which is great news for the local residents and also for tourists.

The local elections are less than a year away now and one of the most eagerly anticipated projects in 2014 is due to start after the Summer in Estepona. The so-called Grand Boulevard is a massive project that will transform Estepona and it´s surrounding areas and will have a new shopping centre, additional tourism related attractions and a new recreational centre. This project has a large price tag of 30 million Euros however it is privately funded, in addition however the local council is financing a multi-millon euro botanical park due to be the biggest orchid collection in Europe.

In other areas on the Costa del Sol development of museums, tourist attractions, theatres, and infrastructure in Velez Malaga, Malaga City, Benalmádena, Mijas (old town), Rincón de la Victoria, Alharurin del Grande, Cartama and Fuengirola is due to start. All of the projects across all of these areas on the Costa del Sol should bring in many more tourists, but it will also boost the local economy and reduce unemployment considerably.

Spain Saw a Record 8.3 Million Overseas Visitors in August

03:49 PM · Comments Off · Categories: News from Marbella Costa del Sol · Tags: record, rise, spain, tourists, visitors

Based on Frontier Tourist Movement Survey (Frontur) produced via the Ministry of Industry, Energy and Tourism’s Division of Tourism Information Studies, Spain was travelled to by a total of 8.3 million inward bound visitors in August 2013. The number is an rise of 7.1% above the same month in 2012 and also sets a brand new all-time record for the Frontur survey.

The French marketplace created the biggest contributions to the net upsurge in tourists in August, even though the United Kingdom, Germany and the Scandinavian countries also registered notable growth.

Spain received a total of 42.3 million international visitors in between January and August symbolizing a year-on-year boost of 4.5%. The Scandinavian nations made the biggest contribution to net growth within this period and Russia, consequently, posted the biggest year-on-year change having an increase of 30.7%.

The uk lead the list of emitting market segments in August, accounting for 24.3% of the total and a rise of 6.8% on the same month of 2012. The growth benefited all the main tourist areas, however the Balearic Islands and Catalonia recorded the very best results in this aspect. Within the first eight months of the year, over 10 million Uk visitors vacationed in Spain, a rise of 4.8%.

France – the 2nd emitting marketplace in the month, and for the period from January to August – accounted for 21.7% of all visitors going to Spain in August and documented the greatest month-to-month increase in complete terms with nearly 153,000 more tourists, almost all which travelled to Catalonia, accompanied by, to a significantly lesser degree, Valencia and the Canary Islands. An overall total of 6.9 million French tourists visited Spain in between January and August, symbolizing an increase of 6.2%.

Germany also posted substantial growth, of 13.5%, within the same month this past year. The Balearic Islands gained most having an increase of about 23%. Andalusia and Valencia also benefited from raises. A total of 6.6 million German tourists frequented Spain in between January and August, a marked improvement of 4.2%.

The Scandinavian countries accounted for 4.3% of all incoming tourists to Spain, with an increase of 18.9%. The Balearic Islands and Valencia were the main regions to benefit out of this increase. Expansion from this market stands at 18.1% so far this year.

The actual speed of decline noticed in recent months from the Italian market slowed down to 7.1% in August. Since January, a total of 2.3 million Italian tourists have frequented Spain, symbolizing a decrease of 11.9%.

Among the list of remaining marketplaces, the study pointed out the continuing growth in Russian tourists, having a total of 1.1 million tourists traveling to Spain so far this year, a year-on-year growth of 30.7% in the first eight months of 2013.