spain
Spain’s Malaga To Ban New Holiday Flat Permits in 43 Neighbourhoods
October 24, 2024
MADRID (Reuters) - Malaga will ban new short-term tourism rentals in 43 neighbourhoods of the city, the latest step taken by Spanish authorities to address residents' concerns that they are being priced out of the property market by the booming tourism business. The city in southern Spain joins other cities in cracking down on short-term rentals, including Barcelona, which plans to scrap licences for tourist rentals by 2028. Residents protesting against high rents and a lack of long-term supply blame it on the proliferation of short-term renting on platforms such as Airbnb and booking.com and an a influx of foreigners choosing Malaga as...
Spain’s Hotels Power up for an Eco-Friendly Future
Jll Real Views | February 4, 2019
Across Spain, hotels are prominently flagging their green credentials as they increasingly take steps to reduce their environmental footprint and appeal to a new generation of eco-aware consumers. The country's Paradores, state-run hotels in historic buildings such as former palaces and monasteries, are the latest to look to a greener future, switching to renewable energy sources by incorporating features such as biomass technology or solar panels. "The Paradores' commitment to become 100 percent green energy driven is an important milestone in the Spanish hotels sector," says Carlos Ortega, Executive Vice President of the Hotels divisi...
Tourism Boom: How Spain’s Hotels Are Capitalizing by Owning Their Supply
Mateus Coelho | November 8, 2017
By Mateus Coelho "In today's world, either you change or you will be changed. So, either you act and then you make some hard decisions and take some risk … or somebody is going to be acting for you – that's somebody called Booking.com, Expedia, Airbnb, Google, Amazon, Facebook." They're the words of Sébastien Bazin, CEO of AccorHotels, who spoke at this year's South America Hotel Investment Conference on the need for hotels to take control – or risk losing their place in the driver's seat. According to MicroMetrics, OTAs now have access to more than 99 percent of the world's hotel inventory. This, alone, isn't ...
Spain’s Hotels Market See Values Boosted as Performance Improves
HVS | November 9, 2015
9 November 2015, Madrid: Improving occupancy and rate performance across Spain has helped boost hotel values and drive recovery in the country's hotel and tourism sector, according to a new report from global hotel consultancy HVS. Spain has experienced some challenging years on the back of the global downturn, particularly the crash of its real estate market. However, with a strong cultural identity, sound infrastructure and good accessibility, the country is once again appealing to both leisure and business travellers in both its urban and resort locations. Released to coincide with the Mediterranean Resort & Hotel Real Estate...
