Hotels, restaurants, agencies, guides… When you think about those who are making a fortune with the tourist boom In Spain, the mind goes directly to the hospitality industry and related businesses, such as holiday apartments. There are, however, other sectors in which the flow of visitors is felt with similar force, such as commerce or food. They show it with astonishing clarity the data from one of the firms most relevant of the retail national, Mercadona.
In their stores, tourists represent such an important business niche that this year they will leave 1.8 billion of euros and will account for 4.5% of gross sales.
One figure: 126.3 billion. That tourism is a huge business is nothing new. The INE estimates that last year the accumulated spending of foreign visitors in Spain was close to 126.3 billion euros16.1% more than in 2023. And everything indicates that this progression will be maintained in 2025.
First, because the flow of travelers keeps growing at a good pace. Second, because this greater influx comes accompanied by an increase of spending: between January and October of this year alone, tourists spent around 118.6 billion eurosa figure that takes into account international tourism.
A percentage: 4.5%. The increase in tourists is felt in vacation rentals, restaurants, hotels… and the accounts of one of the large Spanish retail chains, Mercadona. Yesterday Expansion public an article which shows how the footprint of foreign visitors in the Valencian chain has not stopped growing in recent years, both in net terms (millions invoiced) and in the weight that these incomes have in the company’s accounts.
If in 2021 Juan Roig’s chain earned 750 million euros thanks to sales to tourists, which represented 2.7% of gross income that year, in 2025 the picture is very different. If Mercadona’s forecasts are met, 2025 will close with a sales volume to tourists of 1.8 billion euros, which will increase its contribution to the company’s total gross turnover to 4.5%.
The data They are calculated thanks to purchases paid with foreign cards and are interesting because they show a sustained progression during the five-year period.
One year: 2021. The last five years have been anything but boring in the tourism sector, which has gone from suffering the hangover of the pandemic to achieving record results. The INE tables show that in 2021 Spain received 31.2 million foreign tourists, 71.6 in 2022, 85.2 in 2023 and 93.7 in 2024. This year in October it already exceeded the 85 million. This rise has been even an increase in tourist spending: 34.9 billion in 2021 to 126,100 in 2024.
All this data seems to have been clearly reflected in Mercadona’s accounts. According to the information to which you have had access ExpansionIn 2021, tourists left 750 million in the chain’s stores, which represented 2.7% of its total gross income. In 2022 these values were already at 1,060 and 3.4%, respectively; In 2023 they amounted to 1,340 and 3.8% and in 2024 they reached 1,550 and 4%. If the forecasts are right, this year will close with sales to tourists worth 1.8 billion euros, 4.5% of gross sales.
One question: Was it expected? Yes. And not only because of the increase in tourism, which translates into a greater number of potential foreign buyers. The supermarket employers’ association, AEDAS, calculate that in the most touristy areas these represent around 18% of the total consumers.
And if Mercadona stands out for something, it is for its extensive presence in Spanish territory, with more than 1,600 stores spread throughout Spain and a wide presence in the Valencian Community. In fact, at a general level it is estimated that its market share in the sector it’s already around 30% (a high percentage that even exceeds some regions), far above the rest of its competitors.
Images | Pedro López (Flickr) and Mercadona
Via | Expansion
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