Spain's hotel sector experiencing spring demand surge
The country's hotels expect demand to rise this spring, boosted by a jump in international visitors and in appetite for travel during the Easter holidays
In a joint report with consultancy firm PricewaterhouseCoopers (PwC), the country's hotel and tourist lodging association CEHAT said it expects the sector's growth this spring to be 14% higher than last year and 25% above pre-pandemic levels.
Key takeaways
- Jose Manuel Fernandez of PwC said the predicted increase in hotel spending was due to a more stable economic environment and strong growth in international tourism, mainly from nearby countries;
- France and Italy stand out in their intention to visit Spain and there's a good recovery of air connectivity with England and Germany, which is already above pre-pandemic levels;
- However, CEHAT also warned of Spain's weaker forecasts for growth in 2024 and sticky inflation, which has weighed on the sector's costs.
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