COVID-19 impact on tourism companies' revenue in Spain 2020-2021, by industry
As a result of the coronavirus (COVID-19) pandemic, Spanish tourism businesses registered annual revenue losses of nearly 70 percent in 2020, according to a survey. For 2021, the responding companies operating in this sector saw a revenue decline of around 47 percent in comparison to 2019. In both years, travel agencies were estimated to be the most affected.
