As the world’s second most popular tourist destination for foreign visitors (after France), Spain’s hotel industry has enjoyed decade after decade basking in the sun - both literally and metaphorically. Recent statistics, however, point to a downward trend for the sector as one of its biggest markets - the British - begin to show signs of staying [...]
As 2008 slips into the distant horizon, thoughts inevitably turn to the future and what 2009 may hold for hotels in Spain. With economic crises, credit crunches and devalued currencies grabbing the headlines, the outlook for the coming 12 months has been declared, optimistically at best, as ‘uncertain’. What is certain, however, is 2008 saw [...]
Hotel occupancy rates and hotel stays throughout Spain fell by 10.6% for the month of November 2008 when compared to the same month last year.