Trends in pre and post Brexit hotel bookings
We have analysed how Brexit could affect the direct bookings for Spanish hotels.
2019 was a year, first marred by the shadow of Brexit and then by the fall of Thomas Cook in late September; the uncertainty about the possible consequences of both events have shaken the tourism industry.
According to data from the National Institute of Statistics, 2019 was a record year for Spain, with 83.7 million international visitors. Despite this overall growth, there was a slight drop of 2% in tourist numbers from the UK, Spain´s main source of tourists. But yet, according to the INE, until October 2019, of all of the foreign tourists who stayed in Spanish hotels the largest group were British, accounting for 26.1% of all overnight stays.
Although it is early days to draw any conclusions about what will happen in 2020, Affilired has analysed how this development could affect the direct bookings for Spanish hotels. Affilired looked at the trends in the British market when comes to booking holidays directly in 2019 and the first month of 2020.*
* Exposed data extracted from the volume of direct bookings made by British tourists from January 1st, 2019 until January 31st, 2020 with a representative sample of 8.000 Spanish hotels.
Countries with the highest number of direct bookings made by British tourists in 2019.
In spite of the slight decrease in tourist numbers from the United Kingdom, Spain remains the country with the most direct hotel bookings, surpassing the previous year by 2.74%. ( 2018)
Spanish regions which have most benefited from the British market bookings.
In 2019, the Balearic Islands led the direct hotel bookings made by British tourists with 44%, the hot spots were Palmanova, Alcúdia and Puerto Pollensa. The second region was the Canary Islands with 35%, Playa de las Americas, Corralejo and Maspalomas being among the most popular destinations.
The Key period for hoteliers: Early Booking.
Many of the direct bookings are made during the month of January, known to the hotel sector as the “Early Booking”. A period when tourists take advantage of the offers available to book the holidays they will enjoy during Easter, Summer, etc; early booking is especially popular in the United Kingdom.
During the Early Booking campaign, the number of direct hotel bookings increased by 25% more than the annual average, being 47,2% from the United Kingdom.
When comparing the data of the direct bookings made in January 2019 and January 2020, slight changes were detected such as a decrease of 1.3% of the British bookings in Spain.
This drop particularly affected the Canary Islands and Valencian region. On the other hand, the Balearic Islands, Andalusia and Catalonia, have seen their direct bookings increase.
However, according to a report published by the European Travel Commission, the number of British tourists is expected to fall in 2020 by 7%, the most affected areas being the Balearic and Canary Islands.