Tourism: Spain's Costa del Sol forecasts a 'very good' summer season

Spain's tourism sector is expected to post record revenue in 2023 for the second year in a row despite high inflation, the Exceltur Tourism Association said Thursday.  It predicted tourism earnings will reach $189 billion after a "very good start of the year" and the "positive expectations" of the sector.

This would be an 8.3 percent increase over the record 159 billion euros registered in 2022, and a 9.4 percent increase over 2019, before the COVID-19 pandemic ravaged the sector. Spain's tourism industry should also benefit this year from an increase in visitors from further away such as Asia and North America as pandemic travel restrictions have been lifted.