It’s been a pretty impressive year for tourism on the Costa del Sol with both ends of the coast from Marbella to Nerja seeing significant rises in hotel occupancy not just over the summer months but throughout the year. With the riots in Turkey and the continued unrest in Egypt, Andalusia has boomed with potentially far reaching effects for the rest of Spain. I thought it would be interesting to sift my way through the barrage of news on the subject and look at the statistics to tell the story.
The Spanish Institute for National Statistics recently published its official figures concerning the growth (or lack of) in the Spanish economy. This has been grim reading over the past two years with the numbers providing a constant stream of bad news, however on this occasion they showed something rather incredible, a change! Although not be much to shout about the Spanish economy actually grew by 0.1% over the summer months this year. Admittedly not a strong recovery, however it is significant because it means that Spain, at least for the next six months isn’t in recession! Read more »