Spain: Food Service - Hotel Restaurant Institutional
Link to report:
Spanish tourism is rapidly recovering from the effects of the pandemic and reaching pre-pandemic levels. Demonstrating a definitive return to pre-pandemic normality, 2023 has seen stabilization in the growth of the Hotel, Restaurant and Institutional (HRI) sector. Spain received 37.5 million international tourists in the first half of 2023, a 24 percent increase from the same period last year. In addition, Spaniards have returned to eating and drinking away from home, boosting demand in the HRI sector. Health, sustainability, and innovation are the biggest trends within the sector, although these trends are facing challenges imposed by inflation. The HRI sector in Spain offers excellent opportunities for U.S. food-ingredient and food-product exporters.