IBOV 170,653 ▼ 0.79% IPSA 10,947 ▼ 0.71% IPC MEX 66,610 ▼ 0.10% MERVAL 3,202,490 ▼ 0.67% COLCAP 2,312.96 ▲ 0.81% BVL PERÚ 55,516.19 ▼ 1.10% USD/BRL5.14▼ 0.22% USD/MXN17.56▼ 0.13% USD/CLP929.74▼ 0.51% USD/COP3,336▼ 0.08% USD/PEN3.40▼ 0.26% USD/ARS1,487▼ 0.03% USD/UYU40.19▲ 1.19% USD/PYG6,050▲ 1.86% USD/BOB9.85▲ 46.01% USD/DOP58.56▼ 0.15% USD/CRC449.85▲ 1.48% USD/GTQ7.62▲ 2.23% USD/HNL26.72▲ 1.48% USD/NIO36.62▼ 0.45% USD/VES698.47▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.27▲ 0.88% USD/TTD6.71▲ 0.78% EUR/BRL5.87▼ 0.29% BRENT 78.35 ▲ 0.42% WTI 73.69 ▲ 0.23% IRON ORE 161.91 — — COPPER 6.24 ▲ 3.05% GOLD 4,123 ▲ 1.27% SILVER 59.53 ▲ 2.34% SOY 1,188 ▼ 0.61% CORN 451.75 ▲ 3.91% WHEAT 607.50 ▲ 1.33% COFFEE 324.00 ▼ 0.08% SUGAR 14.96 ▼ 0.99% ORANGE JUICE 154.85 ▼ 2.15% COTTON 80.04 ▲ 5.03% COCOA 6,147 ▲ 3.15% BEEF 237.78 ▼ 0.27% CATTLE 362.30 ▲ 0.46% LITHIUM 72.12 ▼ 2.28% PETR4 39.65 ▲ 3.15% VALE3 72.70 ▼ 4.59% ITUB4 41.89 ▼ 1.27% BBDC4 17.69 ▼ 0.73% ABEV3 15.62 ▲ 0.06% BBAS3 19.53 ▼ 1.01% B3SA3 14.24 ▼ 2.00% WEGE3 45.35 ▼ 1.13% PRIO3 56.42 ▲ 0.34% SUZB3 40.83 ▼ 0.22% RENT3 38.84 ▼ 0.64% AZZA3 17.90 ▼ 1.00% CSAN3 3.75 ▼ 2.34% RAIZ4 0.38 ▼ 2.56% PCAR3 2.71 ▼ 0.37% GMAT3 3.74 ▲ 4.47% PSSA3 52.50 ▲ 1.94% CVCB3 1.22 ▼ 1.61% POSI3 3.78 ▲ 0.53% SLCE3 13.21 ▲ 0.38% NATU3 8.50 ▲ 5.59% BRKM5 6.14 ▲ 2.16% RANI3 7.88 ▼ 0.25% CSNA3 4.67 ▼ 1.48% CMIN3 4.66 ▲ 2.42% USIM5 8.35 ▼ 0.95% GGBR4 22.14 ▲ 1.33% ENEV3 25.50 ▼ 0.66% CPFE3 45.46 ▲ 0.04% CMIG4 10.80 ▼ 1.19% EQTL3 38.65 ▼ 1.25% LREN3 13.71 ▲ 0.44% VIVT3 34.31 — 0.00% RAIL3 13.25 ▼ 1.85% KLABIN 17.16 ▼ 0.06% RAIA DROGASIL 17.32 ▼ 1.59% RDOR3 34.08 ▼ 2.15% HAPV3 9.96 ▼ 2.26% FLRY3 15.41 ▼ 1.03% SMTO3 15.25 ▼ 0.46% UGPA3 29.36 ▲ 4.11% VBBR3 31.65 ▲ 2.56% BBSE3 38.75 ▲ 0.52% BPAC11 53.95 ▼ 1.10% CURY3 31.33 ▼ 7.85% AERI3 2.03 ▼ 0.49% VIVARA 22.17 ▼ 2.21% COMPASS 24.52 ▼ 1.64% VAMOS 2.81 ▼ 2.77% SANB11 25.60 ▼ 1.58% ASAI3 8.49 ▼ 0.47% SBSP3 29.25 ▼ 0.75% WALMEX 49.78 ▼ 0.60% GMEXICO 196.37 ▲ 1.10% FEMSA 224.71 ▼ 0.87% CEMEX 21.36 ▲ 0.71% GFNORTE 187.67 ▼ 0.27% BIMBO 57.03 ▲ 0.62% TELEVISA 9.53 ▼ 0.94% AMX 23.18 ▲ 0.96% GAP 416.00 ▲ 0.19% ASUR 284.69 ▼ 1.45% OMA 236.19 ▲ 0.76% KOF 183.45 ▼ 0.85% GRUMA 284.21 ▼ 0.98% KIMBER 38.72 ▼ 0.82% SQM-B 69,501 ▲ 2.30% COPEC 6,030 ▼ 0.33% BSANTANDER 77.10 ▼ 1.78% FALABELLA 5,880 ▼ 2.00% ENELAM 85.39 ▲ 0.77% CENCOSUD 2,079 ▼ 0.10% CMPC 1,079 ▲ 0.33% BANCO CHILE 185.45 ▼ 1.09% LATAM AIR 25.50 ▼ 2.86% YPF 75,725 ▲ 1.75% GGAL 7,910 ▼ 1.68% PAMPA 5,210 ▲ 0.58% TXAR 665.00 ▼ 1.41% ALUAR 960.00 ▼ 3.03% TGS 9,355 ▲ 0.27% CEPU 2,310 ▼ 0.82% MIRGOR 17,400 ▲ 0.58% COME 45.47 ▲ 2.87% LOMA NEGRA 3,510 ▼ 0.85% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,133 ▲ 1.29% ECOPETROL 15.13 ▲ 3.00% BANCOLOMBIA 80.21 ▼ 1.07% GRUPO AVAL 4.84 ▼ 1.63% CREDICORP 381.47 ▼ 1.29% SOUTHERN COPPER 167.21 ▼ 1.50% BUENAVENTURA 28.36 ▼ 1.90% MERCADOLIBRE 1,809 ▼ 0.23% NUBANK 13.37 ▼ 1.76% XP 15.44 ▼ 3.32% PAGSEGURO 8.77 ▼ 1.46% STONE 10.52 ▼ 1.50% GLOBANT 29.90 ▼ 5.53% TECNOGLASS 43.94 ▲ 1.60% GAP AIRPORT 236.30 ▼ 0.37% ASUR 284.69 ▼ 1.45% OMA AIRPORT 107.30 ▲ 0.12% AMX ADR 26.41 ▲ 0.99% FEMSA ADR 127.80 ▼ 1.31% CEMEX ADR 12.17 ▲ 0.50% PETROBRAS ADR 17.24 ▲ 3.48% VALE ADR 14.05 ▼ 4.36% ITAU ADR 8.16 ▼ 0.85% SANTANDER BR 5.04 ▼ 1.18% AMBEV ADR 3.02 ▲ 0.67% CSN 0.92 ▼ 0.41% GERDAU 4.30 ▲ 0.47% LATAM ADR 54.49 ▼ 3.95% BTC 62,674 ▲ 0.67% SOL 77.61 ▼ 0.23% XRP 1.09 ▲ 0.31% BNB 569.28 ▲ 0.17% ADA 0.17 ▲ 1.62% DOGE 0.07 ▲ 0.08% AVAX 6.71 ▲ 3.77% LINK 7.71 ▲ 1.10% DOT 0.83 ▲ 0.59% LTC 43.82 ▲ 0.45% BCH 236.70 ▲ 0.66% TRX 0.33 ▲ 0.70% XLM 0.18 ▼ 0.42% HBAR 0.07 ▲ 1.93% NEAR 1.91 ▲ 0.85% ATOM 1.56 ▲ 0.20% AAVE 89.90 ▲ 1.95% SELIC 14.25% EMBRAER 81.50 ▼ 4.48% EMBRAER ADR 63.42 ▼ 3.87% JBS 11.82 ▼ 3.04% JBS BDR 60.90 ▼ 3.64% MBRF3 15.38 ▼ 2.23% MBRFY 2.91 ▼ 3.96% INTER 5.57 ▼ 0.36% ETH 1,740 ▼ 0.15% EGX 52,312 ▲ 0.54% USD/ZAR16.38▼ 0.25% USD/NGN 1,375 — 0.00% NIKKEI 67,744 ▲ 1.38% CSI300 4,876 ▲ 2.54% HSI 24,030 ▼ 0.70% NIFTY 23,963 ▲ 0.34% KOSPI 7,292 ▲ 0.62% JCI 5,912 ▲ 0.67% USD/JPY162.41▼ 0.11% USD/CNY6.78▼ 0.29% DAX 24,946 ▲ 0.19% CAC 8,283 ▲ 0.37% FTSE 10,429 ▼ 0.58% MIB 52,184 ▲ 0.71% IBEX 19,257 ▲ 0.80% STOXX 637.58 ▲ 0.26% EUR/USD1.14▲ 0.17% GBP/USD1.34▲ 0.31% SPX 7,483 ▼ 0.28% DJI 52,348 ▼ 1.09% NDX 29,253 ▲ 0.27% RUT 2,956 ▼ 0.88% TSX 34,936 ▼ 0.95% VIX 17.00 ▲ 0.59% USD/CAD1.42▼ 0.06% US10Y 4.5690 ▲ 0.88% IBOV 170,653 ▼ 0.79% IPSA 10,947 ▼ 0.71% IPC MEX 66,610 ▼ 0.10% MERVAL 3,202,490 ▼ 0.67% COLCAP 2,312.96 ▲ 0.81% BVL PERÚ 55,516.19 ▼ 1.10% USD/BRL 5.14 ▼ 0.22% USD/MXN 17.56 ▼ 0.13% USD/CLP 929.74 ▼ 0.51% USD/COP 3,336 ▼ 0.08% USD/PEN 3.40 ▼ 0.26% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.19 ▲ 1.19% USD/PYG 6,050 ▲ 1.86% USD/BOB 9.85 ▲ 1.50% USD/DOP 58.56 ▼ 0.15% USD/CRC 449.85 ▲ 1.48% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.72 ▲ 1.48% USD/NIO 36.62 ▼ 0.45% USD/VES 698.47 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.27 ▲ 0.88% USD/TTD 6.71 ▲ 0.78% EUR/BRL 5.88 ▼ 0.21% BRENT 78.35 ▲ 0.42% WTI 73.69 ▲ 0.23% IRON ORE 161.91 — — COPPER 6.24 ▲ 3.05% GOLD 4,123 ▲ 1.27% SILVER 59.53 ▲ 2.34% SOY 1,188 ▼ 0.61% CORN 451.75 ▲ 3.91% WHEAT 607.50 ▲ 1.33% COFFEE 324.00 ▼ 0.08% SUGAR 14.96 ▼ 0.99% ORANGE JUICE 154.85 ▼ 2.15% COTTON 80.04 ▲ 5.03% COCOA 6,147 ▲ 3.15% BEEF 237.78 ▼ 0.27% CATTLE 362.30 ▲ 0.46% LITHIUM 72.12 ▼ 2.28% PETR4 39.65 ▲ 3.15% VALE3 72.70 ▼ 4.59% ITUB4 41.89 ▼ 1.27% BBDC4 17.69 ▼ 0.73% ABEV3 15.62 ▲ 0.06% BBAS3 19.53 ▼ 1.01% B3SA3 14.24 ▼ 2.00% WEGE3 45.35 ▼ 1.13% PRIO3 56.42 ▲ 0.34% SUZB3 40.83 ▼ 0.22% RENT3 38.84 ▼ 0.64% AZZA3 17.90 ▼ 1.00% CSAN3 3.75 ▼ 2.34% RAIZ4 0.38 ▼ 2.56% PCAR3 2.71 ▼ 0.37% GMAT3 3.74 ▲ 4.47% PSSA3 52.50 ▲ 1.94% CVCB3 1.22 ▼ 1.61% POSI3 3.78 ▲ 0.53% SLCE3 13.21 ▲ 0.38% NATU3 8.50 ▲ 5.59% BRKM5 6.14 ▲ 2.16% RANI3 7.88 ▼ 0.25% CSNA3 4.67 ▼ 1.48% CMIN3 4.66 ▲ 2.42% USIM5 8.35 ▼ 0.95% GGBR4 22.14 ▲ 1.33% ENEV3 25.50 ▼ 0.66% CPFE3 45.46 ▲ 0.04% CMIG4 10.80 ▼ 1.19% EQTL3 38.65 ▼ 1.25% LREN3 13.71 ▲ 0.44% VIVT3 34.31 — 0.00% RAIL3 13.25 ▼ 1.85% KLABIN 17.16 ▼ 0.06% RAIA DROGASIL 17.32 ▼ 1.59% RDOR3 34.08 ▼ 2.15% HAPV3 9.96 ▼ 2.26% FLRY3 15.41 ▼ 1.03% SMTO3 15.25 ▼ 0.46% UGPA3 29.36 ▲ 4.11% VBBR3 31.65 ▲ 2.56% BBSE3 38.75 ▲ 0.52% BPAC11 53.95 ▼ 1.10% CURY3 31.33 ▼ 7.85% AERI3 2.03 ▼ 0.49% VIVARA 22.17 ▼ 2.21% COMPASS 24.52 ▼ 1.64% VAMOS 2.81 ▼ 2.77% SANB11 25.60 ▼ 1.58% ASAI3 8.49 ▼ 0.47% SBSP3 29.25 ▼ 0.75% WALMEX 49.78 ▼ 0.60% GMEXICO 196.37 ▲ 1.10% FEMSA 224.71 ▼ 0.87% CEMEX 21.36 ▲ 0.71% GFNORTE 187.67 ▼ 0.27% BIMBO 57.03 ▲ 0.62% TELEVISA 9.53 ▼ 0.94% AMX 23.18 ▲ 0.96% GAP 416.00 ▲ 0.19% ASUR 284.69 ▼ 1.45% OMA 236.19 ▲ 0.76% KOF 183.45 ▼ 0.85% GRUMA 284.21 ▼ 0.98% KIMBER 38.72 ▼ 0.82% SQM-B 69,501 ▲ 2.30% COPEC 6,030 ▼ 0.33% BSANTANDER 77.10 ▼ 1.78% FALABELLA 5,880 ▼ 2.00% ENELAM 85.39 ▲ 0.77% CENCOSUD 2,079 ▼ 0.10% CMPC 1,079 ▲ 0.33% BANCO CHILE 185.45 ▼ 1.09% LATAM AIR 25.50 ▼ 2.86% YPF 75,725 ▲ 1.75% GGAL 7,910 ▼ 1.68% PAMPA 5,210 ▲ 0.58% TXAR 665.00 ▼ 1.41% ALUAR 960.00 ▼ 3.03% TGS 9,355 ▲ 0.27% CEPU 2,310 ▼ 0.82% MIRGOR 17,400 ▲ 0.58% COME 45.47 ▲ 2.87% LOMA NEGRA 3,510 ▼ 0.85% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,133 ▲ 1.29% ECOPETROL 15.13 ▲ 3.00% BANCOLOMBIA 80.21 ▼ 1.07% GRUPO AVAL 4.84 ▼ 1.63% CREDICORP 381.47 ▼ 1.29% SOUTHERN COPPER 167.21 ▼ 1.50% BUENAVENTURA 28.36 ▼ 1.90% MERCADOLIBRE 1,809 ▼ 0.23% NUBANK 13.37 ▼ 1.76% XP 15.44 ▼ 3.32% PAGSEGURO 8.77 ▼ 1.46% STONE 10.52 ▼ 1.50% GLOBANT 29.90 ▼ 5.53% TECNOGLASS 43.94 ▲ 1.60% GAP AIRPORT 236.30 ▼ 0.37% ASUR 284.69 ▼ 1.45% OMA AIRPORT 107.30 ▲ 0.12% AMX ADR 26.41 ▲ 0.99% FEMSA ADR 127.80 ▼ 1.31% CEMEX ADR 12.17 ▲ 0.50% PETROBRAS ADR 17.24 ▲ 3.48% VALE ADR 14.05 ▼ 4.36% ITAU ADR 8.16 ▼ 0.85% SANTANDER BR 5.04 ▼ 1.18% AMBEV ADR 3.02 ▲ 0.67% CSN 0.92 ▼ 0.41% GERDAU 4.30 ▲ 0.47% LATAM ADR 54.49 ▼ 3.95% BTC 62,674 ▲ 0.67% SOL 77.61 ▼ 0.23% XRP 1.09 ▲ 0.31% BNB 569.28 ▲ 0.17% ADA 0.17 ▲ 1.62% DOGE 0.07 ▲ 0.08% AVAX 6.71 ▲ 3.77% LINK 7.71 ▲ 1.10% DOT 0.83 ▲ 0.59% LTC 43.82 ▲ 0.45% BCH 236.70 ▲ 0.66% TRX 0.33 ▲ 0.70% XLM 0.18 ▼ 0.42% HBAR 0.07 ▲ 1.93% NEAR 1.91 ▲ 0.85% ATOM 1.56 ▲ 0.20% AAVE 89.90 ▲ 1.95% SELIC 14.25% EMBRAER 81.50 ▼ 4.48% EMBRAER ADR 63.42 ▼ 3.87% JBS 11.82 ▼ 3.04% JBS BDR 60.90 ▼ 3.64% MBRF3 15.38 ▼ 2.23% MBRFY 2.91 ▼ 3.96% INTER 5.57 ▼ 0.36% ETH 1,740 ▼ 0.15% EGX 52,312 ▲ 0.54% USD/ZAR 16.38 ▼ 0.23% USD/NGN 1,375 — 0.00% NIKKEI 67,744 ▲ 1.38% CSI300 4,876 ▲ 2.54% HSI 24,030 ▼ 0.70% NIFTY 23,963 ▲ 0.34% KOSPI 7,292 ▲ 0.62% JCI 5,912 ▲ 0.67% USD/JPY 162.46 ▼ 0.06% USD/CNY 6.7839 ▼ 0.19% DAX 24,946 ▲ 0.19% CAC 8,283 ▲ 0.37% FTSE 10,429 ▼ 0.58% MIB 52,184 ▲ 0.71% IBEX 19,257 ▲ 0.80% STOXX 637.58 ▲ 0.26% EUR/USD 1.1432 ▲ 0.09% GBP/USD 1.3389 ▼ 0.01% SPX 7,483 ▼ 0.28% DJI 52,348 ▼ 1.09% NDX 29,253 ▲ 0.27% RUT 2,956 ▼ 0.88% TSX 34,936 ▼ 0.95% VIX 17.00 ▲ 0.59% USD/CAD 1.4174 ▲ 0.01% US10Y 4.5690 ▲ 0.88%
since 2009
Thursday, July 9, 2026

Spain Shatters Tourism Record as Residents Demand Relief From Housing Crisis

By · February 3, 2026 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Key Points

  • Spain welcomed 96.8 million foreign visitors in 2025, generating €134.7 billion in spending and cementing its position as the world’s second most-visited country
  • Tourism represents 12.6% of Spain’s GDP and employs 3 million people, making it one of Europe’s most tourism-dependent economies
  • Anti-tourism protests have intensified nationwide, with Barcelona moving to eliminate all 10,000 short-term rental licenses by 2028 amid a severe housing affordability crisis

A third consecutive year of record-breaking tourism has placed Spain at a crossroads between economic prosperity and social unrest.

The country received 96,770,515 foreign visitors in 2025, a 3.2% increase from the previous year, while tourist spending surged 6.8% to reach €134.7 billion.

The figures underscore tourism‘s outsized role in the Spanish economy. The sector accounts for 12.6% of GDP and supports approximately 3 million jobs, making Spain one of Europe’s most tourism-dependent nations.

Spain Shatters Tourism Record as Residents Demand Relief From Housing Crisis. (Photo Internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

British travelers led arrivals with 19.1 million visits, followed by France and Germany, though both showed signs of weakening demand.

Conservative economists and industry representatives argue the numbers validate Spain’s tourism model. A PwC study found that tourist rentals alone generate €1.9 billion for Barcelona’s economy and support 40,000 jobs.

Industry voices maintain that short-term rentals represent less than 1% of housing stock and that protesters are targeting the wrong culprit.

Spain Tourism Boom Sparks Housing Backlash

Progressive critics and housing activists counter that nearly 97 million annual visitors—double Spain’s population—have created an unsustainable burden on local communities.

Barcelona rents have climbed 62-72% over the past decade, while in Mallorca, approximately 1,000 residents were living in vehicles by 2024 due to housing scarcity.

Throughout 2024 and 2025, coordinated demonstrations erupted across Barcelona, Palma de Mallorca, Granada, and the Canary Islands. Protesters wielded signs reading “Your Airbnb was my home” and demanded bans on vacation rentals, cruise ship moratoriums, and tourist caps.

Authorities are attempting to navigate between competing interests. Barcelona announced it will eliminate all short-term rental licenses by November 2028, a measure upheld by Spain‘s Constitutional Court.

Nationally, regulators fined Airbnb €65 million for listing illegal properties. Minister of Tourism Jordi Hereu has emphasized “quality over quantity,” pointing to spending growth outpacing visitor growth as evidence of a strategic shift toward sustainability.

Whether Spain can maintain its economic dependence on tourism while addressing resident grievances remains uncertain. What is clear is that the world’s second most-visited country has become a testing ground for the limits of mass tourism.

Related coverage: Brazil’s Morning Call | How Latin America’s Safest Country Lost Its Innocence—And Wh This is part of The Rio Times’ daily coverage of Latin American culture and lifestyle.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.