Sector particularly vulnerable as people cancel travel plans and major events are cancelled
Spain’s tourist industry is braced for huge losses over the Easter period and beyond as people cancel travel plans and major events are postponed as a result of the coronavirus.
Last year, nearly 84 million people visited Spain, 18 million from the UK. Tourism is the nation’s third biggest industry, accounting for 11% of GDP. Even before the severe restrictions, including schools closures and bans on large public events, announced in the Madrid area, bookings were down.