Hotel prices in Spain fall by 4.4% in June, study shows
The average price of a hotel in Spain has fallen by 4.4% in June when compared to last month, reports a study by online travel experts Trivago.es.
The average price of a hotel in Spain has fallen by 4.4% in June when compared to last month, reports a study by online travel experts Trivago.es.
Barcelona’s Hotel Princesa Sofia has filed for a Regulation of Employment (ERE) agreement whereby 229 of the hotel’s 234 workers will be forced to take involuntary suspension of employment for the next two months.
Every month, hoteles.es reports on the state of the hotel market in Spain by analysing the statistics released by Spain’s Institute of National Statistics (INE). These statistics cover every aspect of the Spanish hotel sector, ranging from hotel price variations and occupancy rates, to regional breakdowns and the national origin of hotel guests.
Prices of hotels in Barcelona have dropped by an average of 20% in the first quarter of 2009, and hotel occupancy rates are down 15%, when compared to the same period last year.
Budget hotel chain Sidorme Hotels has announced this week its plans to extend its portfolio of affordable and high quality hotels throughout Spain.
Revenue marketing expert Javier Rey has urged all hotels in Spain to seek increased revenue streams by tapping into their previously unexplored ‘ancillary revenue’ sources.
Large hotel chain Hesperia Hotels announced today a major change in the direction of two of its flagship establishments.
Rural hotels and houses in Spain enjoyed occupancy rates of 78% over the May Bridge Weekend - some 10% more than was forecast, according to figures released by Spain’s Institute of Tourism Studies.
Online travel portal Trivago’s monthly hotel price index has revealed that the average hotel price throughout Europe in April 2009 was 7% more than for the same period last year.
Despite yesterday’s news that hotels in Barcelona are increasing their prices for next weekend’s Spanish Grand Prix, the overall trend for the first quarter of 2009 has seen the average hotel price in Barcelona fall by 13%.