The director of each Barcelo Hotel has been tasked with implementing and initiating their very own independent containment and anti-crisis measures in the wake of falling revenue figures throughout the chain’s portfolio.
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.
Transhotel has launched an aggressive marketing campaign whereby hotel guests can enjoy a night’s accommodation at a number of four and five-star hotels in Spain for just €1 a night.
The Confortel Hotel chain has announced that it is to open a large three-star establishment in the centre of the city of A Coruna by 2011, marking the beginning of a prolonged period of hotel construction for the city.
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Madrid’s bid to host the 2016 Olympic Games will be boosted by the city’s impressive portfolio of modern and top class hotels, inspectors for the International Olympic Committee were told yesterday.
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%.
This weekend’s Spanish Grand Prix at Barcelona’s Montmelo Circuit has seen hotel prices in the city increase by an average of 75% for the weekend, according to data released by Expansion.
Forecasts made by the Confederation of Businessmen of Andalusia (CEA) have revealed that the May Bridge holiday will prove fruitful for the region’s hotel sector.
The Palace Hotel Andrea is a new hotel that is located on the Gran Via in the centre of Madrid and owned by growing hotel chain Hispano Hotelera.