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Corporate travel in Spain is dealing with a important recovery, which is why MICE tourism has increased its gain by 35% in the initial quarter of the 12 months when compared to 2019, in accordance to a examine carried out by UniversalPay, which has analyzed transactions created with corporate cards.
In 2022, in accordance to the study, the annual operations carried out ended up presently 6% higher than the information registered in 2019, and growth in the 1st quarter of this 12 months is 38% better than in the very same quarter of the past yr and 35% increased than in 2019.
In addition, according to the newest knowledge released by Turespaña, Spain is the main MICE tourism destination, adopted by France, Germany, Italy, and the United Kingdom, not only for nationwide gatherings but also international ones.
In 2023, the recovery of MICE tourism in Spain is verified. The development between the final results of the initial quarter of 2021 and 2023 signifies 171%, and all the things implies that the beneficial enhancement will continue to boost in the coming months.
In Spain, for the duration of 2023, there are prepared 105 international fairs. In 2019, there were being 94 events.
Terrific financial effect
Interestingly, Madrid and Barcelona host virtually 50% of qualified conferences in the region. The Catalan funds is the fourth metropolis in the earth that organizes the most congresses (156), in accordance to the Global Congresses and Conventions Affiliation (ICCA) statistics.
In addition, the business enterprise vacationer has increased acquiring ability, and the typical expenditure is normally larger than that of the leisure traveler. Especially, a company traveler spends all over 206 euros a day in Spain, whilst a leisure customer spends an average of 146 euros everyday.
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