Alfonso Robledo, president of the CAEB Restaurants Association, has expressed his concern at a drop in business in March. Despite the arrival of tourists and the good weather, some restaurants have reported a fall in activity of between twenty and forty per cent.
The comparison is with March last year, which was a "very good month" and one that restaurants hadn't expected. "We were coming out of the pandemic and people wanted to go out and spend what they had saved because of the restrictions. There was an explosion like opening a bottle of cava. This year, we have prepared ourselves for similar figures, but there are fewer customers."
Although business is comparable with what it was in pre-pandemic 2019, Robledo suggests that the drop in trade this year may have to do with tourists having less spending power because of the effects of inflation. He wonders if visitors are booking all-inclusive rather than going out for meals.
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Ulla JacksonIf you disregard the fury and outrage narratives coming primarily from the British press (and ostensibly from British tourists) the actions and narrative from the government and tourism industry clearly indicates a will to minimise "junk" tourism. Only British media characterises it as "discouraging" all tourism. And frankly, as soon as an article like this is published, there's another one published saying the opposite (see this morning's latest for example). So, you have to wonder which is just wishful thinking. Yet if you simply observe the reality on the ground, it certainly appears to be the latter.
They can't have it both ways. Trying "discourage" tourists to the island and then complain restaurants are "suffering". Deciding how they want it seems a difficult nut to crack.
PerDepends on what you choose to look at. CPI , RPI , harmonised, whatever that is, and so it goes on . But people know what’s left in their pockets for little treats. And for many it’s less than last year.
Jason Dhttps://www.msn.com/en-gb/money/other/spanish-inflation-almost-halves-and-german-cpi-falls-as-energy-prices-cool-as-it-happened/ar-AA19kaQO https://www.ft.com/content/bfcb1328-aafe-46c5-85d2-cc0cb409292e https://www.theguardian.com/business/live/2023/mar/30/green-shoots-hopes-uk-economy-core-inflation-us-gdp-energy-strategy-business-live https://www.bloomberg.com/news/articles/2023-03-30/spanish-inflation-plunges-but-core-pressures-highlight-ecb-bind#xj4y7vzkg
Jason DNo it's not far off the mark, inflation in Spain is 3.3%. The information is easy to find if you understand Spanish. The government is doing a very good job with the economy unlike the UK government, what's the inflation rate there, 10% or more I believe.
PerI don't know which fake news you get your figures from. But 3.1 is so far off the mark.
Spanish inflation has halved to 3.1%-ish, but this is not being passed onto the customer. They will vote with their feet.
Having recently returned from Cala Bona we would not return again in March The whole place was a bomb site! Roads and pavements dug up. Very few shops opened on the street along Cala Millor. Cala bona was practically shut up. Thank goodness for the Thalassa! Our 4* hotel had a handful of guests and the food was pretty dire. Why go in March when clearly the council are doing all they can not to attract tourists?
Well the world is not the same as last year. Mainly in the demands of peoples pockets. Taken into account inflation To maintain 2019 level of activity, then properly a very good result. But that’s down to enterprise market position , rich folk always have money to spend, it’s those at the ‘ tighter’ discretionary spend end of the market that’s going to see the slowdown But hey people are on holiday they’ll spend to enjoy themselves.