LUXURY HOTEL INVESTMENT IN SPAIN REPRESENTS 37% OF TOTAL

James Morris -
The luxury hotel segment keeps growing in Spain. High-end hotels (5 stars and 5 stars GL) represented 37% of total hotel investment in the hotel sector last year, reaching 1.2 billion euros, according...

REVENUES OF PORTUGUESE HOTELS INCREASED BY 114.6%

Richard Moor -
In 2022, the Portuguese hotel establishments reached revenues of more than 5 billion euros, an increase of 114.6% compared to the previous year, according to the consulting firm Informa D&B....

MAURITIUS REOPENS ITS BORDERS FOR VACCINATED VISITORS

Vanderlei J. Pollack -
The Ministry of Health and Welfare of the Republic of Mauritius has officially announced the reopening of the island's borders on October 1, 2021. The country has one of the highest rates of full vacc...

ACCOMMODATION AND TRAVEL PRICES ARE FALLING IN EUROPE

Laura Maudlin -
According to data from travel management company Travelperk, global travel prices decreased by 8 percent in the last quarter 2022. However, they were increasing 11 percent in the first quarter, 15 per...

NON-HOTEL OVERNIGHT STAYS TRIPLED IN SPAIN THANKS TO FOREIGNERS

Nils Kraus -
Overnight stays in non-hotel tourist accommodations (apartments, campsites, rural tourism accommodations and hostels) in Spain exceeded 5.3 million in February, which is more than four times those of ...
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