{"id":84262,"date":"2025-02-02T09:11:03","date_gmt":"2025-02-02T08:11:03","guid":{"rendered":"https:\/\/lavozdeibiza.com\/sin-categorizar\/2025\/02\/02\/tourism-continues-to-rise-in-the-balearic-islands-more-spending-per-visitor-and-12-3-growth-through-november\/"},"modified":"2025-02-02T09:11:03","modified_gmt":"2025-02-02T08:11:03","slug":"tourism-continues-to-rise-in-the-balearic-islands-more-spending-per-visitor-and-12-3-growth-through-november","status":"publish","type":"post","link":"https:\/\/lavozdeibiza.com\/en\/current-news\/tourism-continues-to-rise-in-the-balearic-islands-more-spending-per-visitor-and-12-3-growth-through-november\/","title":{"rendered":"Tourism continues to rise in the Balearic Islands: more spending per visitor and 12.3% growth through November"},"content":{"rendered":"<p>The <a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2025\/01\/22\/ibiza-luxury-destination-prepara-un-evento-b2b-de-lujo-que-conectara-al-sector-privado-con-agencias-internacionales-de-turismo\/?swcfpc=1\"><strong>tourism<\/strong><\/a> continues to drive the Balearic economy with an increase of 12.3% in total expenditure up to November 2024, reaching <strong>22,084.7 million euros<\/strong>, according to the latest report of the <strong>Economic Momentum of the Balearic Islands<\/strong>, published by the Directorate General of Economy and Statistics. This growth is accompanied by a rise in the average expenditure per tourist and a greater influx of visitors. <\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2024\/12\/10\/el-turismo-mundial-se-recupera-por-completo-en-2024-y-alcanza-las-cifras-prepandemia\/?swcfpc=1\">World tourism fully recovers in 2024 to pre-pandemic figures<\/a><\/h5>\n<\/li>\n<\/ul>\n<h2><strong>More spending per tourist and higher visitor numbers<\/strong><\/h2>\n<p>Spending per person in the archipelago rose by <strong>7%<\/strong> to <strong>1,198 euros<\/strong>. Likewise, the average daily expenditure per visitor has increased by <strong>7.7%<\/strong>, reaching <strong>188 euros<\/strong> per day. These figures consolidate the upward trend in the tourism sector, which has recorded an increase in visitor arrivals of <strong>18.5%<\/strong> in November 2024 compared to the same month of the previous year. In total, the archipelago recorded <strong>117.6 million overnight stays<\/strong>, an increase of <strong>4.3%<\/strong>. In addition, the number of passengers arriving by air also grew by <strong>5.6%<\/strong>, confirming the importance of air transport in connectivity and tourist mobility in the islands.  <\/p>\n<h2><strong>Service sector drives economic growth<\/strong><\/h2>\n<p>The report also highlights the performance of the <strong>services sector<\/strong>, which recorded an increase of <strong>6.8%<\/strong> in year-on-year terms. Within this segment, <strong>hotels and restaurants<\/strong> showed the highest growth, with a rise of <strong>25.4%<\/strong>, while <strong>commerce<\/strong> experienced a slight drop of <strong>2.8%<\/strong> in November. In <strong>construction<\/strong>, residential building has maintained a positive trend. In the third quarter of 2024, housing starts increased by <strong>12.3%<\/strong>, while housing completions grew by <strong>4.2%<\/strong>. <\/p>\n<h2><strong>The labor market and inflation in the Balearic Islands<\/strong><\/h2>\n<p>The Balearic labor market closed the year with record enrollment figures. In December, the number of workers registered with Social Security reached <strong>475,387 members<\/strong>, representing an increase of <strong>3.4%<\/strong> over the previous year. The <strong>services sector<\/strong>, which employs <strong>80%<\/strong> of those affiliated in the Balearic Islands, leads this growth with an increase of <strong>3.8%<\/strong>. As for the evolution of prices, the Balearic Islands recorded a year-on-year inflation rate of <strong>3.4%<\/strong> in December, exceeding the national average of <strong>2.8%<\/strong>. Core inflation, which excludes energy and fresh food, stood at <strong>3.2%<\/strong>, also above the national average of <strong>2.6%<\/strong>.  <\/p>\n<h2><strong>Economic outlook for the Balearic Islands<\/strong><\/h2>\n<p>The report highlights that <strong>domestic consumption<\/strong> continues to be a key driver of Balearic GDP growth, offsetting the <strong>54%<\/strong> drop in foreign investment recorded up to the third quarter of the year. At the industrial level, the sector has experienced a fall of <strong>2.6%<\/strong>, in line with the national average of <strong>-3.4%<\/strong>, with a negative impact on the production of non-energy goods. <\/p>\n<h4>Continue reading<\/h4>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/sociedad\/2024\/12\/05\/la-conexion-entre-la-tecnologia-y-el-turismo-nuevas-formas-de-disfrutar-ibiza\/?swcfpc=1\">The connection between technology and tourism: new ways to enjoy Ibiza<\/a><\/h5>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Spending per person in the archipelago has risen by 7%, reaching 1,198 euros.<\/p>\n","protected":false},"author":1,"featured_media":57511,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4612,2910,3287],"tags":[2921,2912,4816],"ppma_author":[2662],"class_list":["post-84262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baleares-en","category-current-news","category-society","tag-actualidad-2-en","tag-actualidad-3-en","tag-tourism"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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