Page 108 - Economic report 2020

3. Tourism

According to the official GDP figures, in 2021 (latest available data) the hotels and catering sector
represented 5.9% of Andorran GVA, 2.4 points less than in 2019, due to the health crisis caused
by SARS-CoV-2. Although the direct influence of tourism on GDP is not very high, its indirect
impact is much higher, as it strongly influences other sectors, such as commerce and leisure and
sporting activities, which greatly depend on foreign visitors.

Most tourism indicators have already The excellent trend in tourism was a pillar of
outstripped pre-pandemic values. economic growth in Andorra in 2022, driven
especially by the good dynamic in proximity
tourism, but also by the recuperation of more
distant markets, rising after almost two years of very low influx. Note that in 2022, most tourism
indicators have already outstripped the pre-pandemic levels; there were 15.1% more tourists than
in 2019, which also led to a record number of overnight stays in hotels, with a cumulative tally of
almost eight million over the year, which is 12.2% more than in 2019.

The number of tourists (who stay In 2022, the number of visitors increased
overnight in the country) reaches a 55.4%, due to the rebound effect from the

record of 3.56 million. steep fall in 2020 and the slight recovery seen
in 2021. So, the number of visitors reached
8.4 million and outstripped the 2019 figure
(8.2 million) for the first time. By type of visit, the rates of variation in 2022 were very high in
both cases. On the one hand, the number of same-day visitors, who only spend a day in the
country without staying the night, increased 40.2% since 2021, to 4,871,612. On the other hand,
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the number of tourists, who stay at least one night, saw a greater increase, of 82.4%, to reach
3,555,096, the highest figure in the historical series. These data represent a full recovery in the
case of tourists (there were 3 million in 2019), while the number of same-day visitors is still below
(there were 5.1 million in 2019).

Growth in the numbers of French
TREND IN TOURISTS 2013-2022
(millions) Chart 12.5 and Spanish tourists is similar,
but the increases in other
nationalities are remarkable.
Andorran economy: developments in the main sectors | XII. Services

As for nationalities, the numbers of French and
Spanish tourists have grown at a very similar
rate in 2022 (+67.4% and +62.6%, respectively).
Especially notable is the strong increase in
tourism from other nationalities, which grew
273% to represent 18.4% of the total. The
lifting of restrictions on movement and health
Source: Department of Statistics.
controls resulted in significant growth in
numbers of tourists from distant sources. Due
to this trend, the proportion of total Andorran tourists of both the Spanish and French shrank, to
63.8% and 17.8%, respectively.

In the case of same-day visitors, the trends in the Spanish and French were also very similar, and
there was higher growth in those of other nationalities. The Spanish increased by 30%, the French
by 41.7%, and from other countries by 83.4%. In this case, French is still the main nationality for
same-day visitors, with 60.6% of the total, compared with 31.6% for the Spanish. Note that the