TOURISM

Balearic Islands breaks tourism spending record: more than 20.4 billion up to October despite the slowdown in arrivals

The archipelago achieved one of its best historical records for tourism revenues, with growth of 5.1% and an increase in average daily spending, despite a slight drop in international visitors in October.
Turistas paseando por Palma.

Balearic Islands has received between January and October a total of 15.2 million international tourists, representing a growth of 2.51% over the same period last year. The arrival of foreign visitors left in the community more than 20,400 million euros, up 5.1%, according to data published Wednesday by the National Statistics Institute (INE).

Slight decline in October, but second best record in history

In October, the archipelago received slightly more than 1.5 million international tourists, a decrease of -1.72% compared to the same month in 2023. Associated spending also fell slightly, to just over 2,000 million euros, down 1.6%.

Despite this drop, the balance of October continues to be exceptional: it is the second best historical figure for both arrivals and spending for an October in the Balearic Islands, which consolidates the strength of the destination at the end of the tourist season.

Higher daily spending and stays over six days

Tourists visiting the Balearic Islands in October spent an average of 195 euros per day, 3.64% more than in the same month last year. The average stay stood at 6.83 days, and total spending per person reached 1,330 euros, a slight increase of 0.18%.

These data reflect a trend of higher spending per visitor, even in a context of a slight decline in the number of arrivals.

Balearic Islands, second most visited destination in Spain

In the country as a whole, Catalonia was the community most visited by international tourists up to October, accounting for 21.41% of the total. It was followed by the Balearic Islands, with 17%, and Andalusia, with 15.39%.

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The position of the Balearic Islands as the second national destination confirms the relevance of the archipelago in the international tourism market and its weight in the sector as a whole in Spain.

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Automatic Translation Notice: This text has been automatically translated from Spanish. It may contain inaccuracies or misinterpretations. We appreciate your understanding and invite you to consult the original version for greater accuracy.

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