Spanish Hoteliers Upbeat As COVID-19 Restrictions Ease
Developers Restart Projects, but Investors Frustrated by Lack of Properties for Sale
Hotels across Spain are reopening as the vital summer season gets underway, fueled by an easing of domestic and international travel restrictions and increasing vaccination levels.
Spanish Hotel Survival Dependent on Quick Return of UK Guests
UK To Lift Travel Bans, Possibly Benefiting Spain's Hotels by Summer
Spain's hotel industry could soon see relief from the low-demand environment induced by the global COVID-19 pandemic.
Spanish Hoteliers Bemoan End of Seniors’ Travel Subsidy
The Spanish Government’s Decision to Cancel a Highly Popular Program Subsidising Travel and Hotel Stays for Seniors and Retirees During the Low Season is Causing Further Pain
Spanish hoteliers, already devastated by plunging occupancy triggered by COVID-19 restrictions on both foreign and domestic travel, are now reeling from a government move to cancel...
Spanish Hoteliers Fear Impact of UK Quarantine Rule
Britons Are Spain's Leading Tourism Market
Reeling from the precipitous drop in international and domestic bookings due to COVID-19, Spanish hoteliers have taken another hit with the British government’s recent decision to ...
Spanish Hoteliers Fear Impact of UK Quarantine Rule
The British government’s two-week quarantine for travelers returning from Spain threatens further disaster for Spain’s hotel industry, which is already suffering from the effects of the COVID-19 pandemic.
REPORT FROM SPAIN—Reeling from the precipitous drop in international and domestic bookings due to COVID-19, Spanish hoteliers have taken another hit with the British government’s r...
Spain’s Mazabi to Invest €200m Amid Downturn
As Spain’s hotel industry is roiled by closures, temporary layoffs and predictions of pain for years to come, Spanish family office Mazabi has announced it has €200 million ($218.3 million) to boost its domestic hotel portfolio.
MADRID—While the Spanish hotel industry faces the prospect of a long and perhaps difficult recovery following the COVID-19-induced shut down, Madrid-based family office Mazabi anno...
Urban-focused Room Mate Moves Into Resort Segment
After successes with its design-centric urban properties and serviced apartments, Spain’s Room Mate Group is branching out into the well-developed resort segment at home and abroad.
MADRID—If all goes according to plan, the Room Mate group will open its first resort property next April on the Spanish Mediterranean island of Majorca in what founder and Presiden...
Spain’s Hoteliers Fear Hard Brexit, Hope for a Deal
If the United Kingdom leaves the European Union without a negotiated settlement to avoid a “hard” Brexit, the Spanish hotel sector fears it will take a big hit.
MADRID—Spanish hoteliers are worried that the number of guests from the United Kingdom, the sector’s biggest source market, will suffer a major decline if London and Brussels fail ...
UNWTO: International Tourism Arrivals Continue to Grow
Global travel increased in all regions in 2018, led by the Middle East/Africa region. While international visitor numbers will follow that trend this year, that growth is expected to slow.
MADRID—International tourist arrivals increased 6% to 1.4 billion in 2018, with the Middle East and Africa leading regional growth, and speakers at a conference of the United Natio...
Spain in ‘sweet Spot’ as Hotel Investment Sets Record
Spain is once again luring big, notable investors as booming hotel interest snaps up assets, with resort destinations attracting most of the attention.
MADRID—Investment in the Spanish hotel sector set a record again in 2018 with international and domestic investors plowing €4.8 billion ($5.5 billion) into existing hotels, propert...
Hoteliers Refine European Breakfast to Rack up Returns
International chains operating in Europe are expanding their breakfast buffet items to better reflect local tastes and satisfy guest requests to grow their bottom lines.
REPORT FROM EUROPE—Breakfast buffets offered by the major hotel companies active in Europe are becoming healthier, more local and more varied as operators realize the meal’s impact...
Spain Braces for Tourism Drop as Competitors Recover
Spanish hoteliers are worried Spain’s annual number of international visitors will decline now that travelers are returning to destinations like Turkey and Tunisia. But a warmer, sunnier Holy Week is reason for more confidence for the country’s peak seasons.
MADRID—Spanish hoteliers see clouds on the horizon concerning foreign visitor numbers, according to sources gathered at a news conference last week given by the Confederation of Sp...
Investors, Brands, Guests Pour Into Madrid Hotel Market
The Spanish capital is emerging as the smart destination for hotel investors, an influx fueled by the country’s surging tourism numbers, the city’s attractions and the recovering economy.
MADRID—Spain’s hotel industry is on a positive upswing, according to local industry analysts and hoteliers. Visitor numbers and transaction volume are setting records, and high-end...
Spanish Hotel Groups Eye Expansion Into New Regions
With international arrivals breaking records and new destinations in their sights, Spanish hotel chains expect 2018 to be a banner year, sources said at the recent FITUR tourism and travel trade fair in Madrid.
MADRID—Spain’s major hotel groups are riding a wave of booming visitor numbers at home and new openings abroad, and that has executives buoyant on prospects for the new year.
UNWTO: Global Tourism up in 2017
The UNWTO said international tourism boasted robust growth last year and the sector should register continued increases in 2018.
MADRID—Global tourism increased 7% last year to more than 1.3 billion international arrivals, with Europe and Africa as regional leaders, and further growth can be expected in 2018...
Extended-stay Hotels Making Headway Into Europe
Well known for decades in the United States, the extended-stay hotel sector is gaining a foothold in Europe with chains big and small seeking out opportunities in new markets as demand rises.
GLOBAL REPORT—International chains and local operators are adding dozens of new extended-stay hotels across Europe as investors begin to better understand a market which is still l...
Barceló Buys Back Stake in Crestline to Own 100%
A Barceló Hotel Group executive said the deal to buy back the 60% of Crestline Hotels & Resorts that it sold off four years ago comes at the right time, and is a logical step in the Spanish company’s plans to relaunch itself into the “enormous” U.S. hospitality market.
MADRID–In a move to re-enter the North American market, Spanish hotel and travel giant Barceló Hotel Group has bought back the 60% of United States hotel management firm Crestline ...
How Major Spanish Hotel Brands Are Thriving in NYC
Three Spanish hotel groups have opened debut properties over the past year in New York City and executives said the launches bode well for further expansion into the U.S. market.
MADRID—Leading Spanish hotel chains are entering the fiercely competitive Manhattan hospitality market, and so far, so good, according to executives of three of the companies which...
Spain’s Chains on Roll With Revenue Rise, New Openings
Spanish hotel executives outline their healthy earnings and rising confidence helped by record tourism arrivals at home and new openings abroad.
MADRID—After years of crisis, Spain’s major hotel groups seem to be on a roll.
Room Mate Looks to Expand Portfolio to Resort Segment
Room Mate Hotels President Kike Sarasola revealed plans to add resort properties to the company’s portfolio as soon as summer 2017.
MADRID—As Room Mate Hotels continues its rapid expansion both in its domestic Spanish market and abroad, President and Founder Kike Sarasola has set his sights on the resort market...