Spain Tourism Q1 2018
BMI View: Spain's tourism industry is one of the largest globally and the country attracts millions of international visitors annually, alongside a large domestic travel sector. Supporting infrastructure, including transport connections and the hotel and accommodation sector, is very well developed and the country continues to attract further investment. The outlook for Spain's mature tourism sector is largely positive, though recent uncertainty in relation to Catalonia's independence referendum and security concerns in the wake of the terror attack on Barcelona create downside risks for the market.
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