hotel industry

Relevant News Item 25th October 2024

Overnight stays in hotels in Spain grow 2.8% in September compared to same month in 2023, passing 39-million mark

Link Securities | According to the Hotel Tourism Situation Report (EOH/IPH/IRSH), released yesterday by the National Statistics Institute (INE), overnight stays in hotel establishments in Spain increased by 2.8% in September compared to the same month in 2023, exceeding 39 million. In September, overnight stays by travellers resident in Spain fell by 0.7%, while those by non-residents grew by 4.4%. In the 9M2024 period, overnight stays increased by 5.2% compared…

Companies, Spanish economy 12th April 2023

Meliã expects to improve Easter Week figures by more than 20% compared to 2019

Alphavalue / Divacons | Last week the Spanish hotel chain was very optimistic about what will happen this Easter, in which after the recovery of tourism at international level, Meliã expects to improve the sales data recorded in 2019 by more than 20%. Particularly noteworthy are some national destinations such as the Canary Islands, where hotels have improved their occupancy and reached historic average figures. This was revealed by Meliã’s…

Spanish economy 9th November 2021

Hotel Recovery Consolidates In Spain As Madrid And Barcelona Exceed 2019 Booking Figures

For the first time since the start of the Covid-19 pandemic, Spain’s two largest cities, Barcelona and Madrid, have generated more hotel bookings than during the same period two years ago, reaching 111.68% and 102.03% of 2019 figures respectively, as of 24 October 2021, SiteMinder’s World Hotel Index reveals. These figures show the strength of Spanish destinations, beyond the coastal cities of sun and beach tourism, where travellers have already…

Spanish economy 24th July 2012

It’s sunny over Spain’s hotel industry

MADRID | The hotel sector in Spain has released its June data. It’s mainly positive news, in line with the optimistic expectations of the financial City of Madrid and efforts of the industry to reactivate the domestic demand without missing foreign tourist interest. Year on year, tourist visit rate increased by 4.7 percent to six million. Accumulated growth in the first half of 2012 was of 2.9 percent to 25.1…

Markets 17th July 2012

French hotel group Accor dips further in LatAm with Posadas deal

Spanish companies aren’t alone in extending their links to the Latin American markets in a bet to withdraw from the volatile European economies. France’s group Accor this week announced its plan to set itself as a sector leader in the area with the acquisition of the South American hotel portfolio of Grupo Posadas. The transaction, which adds to the external growth strategy of the company, includes 2,600 rooms and a secured…