Hotels: Spanish Urban Destinations
Read Christie & Co's Spanish Urban Destinations report which analyses 15 Spanish cities, highlighting the evolution of its main indicators in 2019 as well as their future evolution. We have selected these cities according to their volume of demand and supply as well as their levels of RevPAR.
Despite the fall out from the health crisis of Covid-19 and the uncertainty that this entails for the tourism sector, we have published the update of our report on urban destinations in Spain to offer a positive vision to the industry, highlighting the strengths and the situation in which the Spanish hotel sector found itself in 2019. In addition, exceptionally, we published an annex that analyses the evolution of these urban destinations over the past 20 years, highlighting their resilience in adverse situations, as well as a forecast of the recovery in demand for the years 2020 and 2021 and the challenges that the sector will face from now on.
In 2019, urban destinations achieved record results thanks to: their excellent connectivity, improvements in hotel supply and increased demand, driven by both the growth of the international segment and the recovery of business tourism. Furthermore, due to the economic recovery in Spain in recent years, the urban hotel market has established itself as the main growth driver in the tourism sector in the country.
Throughout this report we analyse the tourism and hotel framework of each city, using public information sources that include: EXCELTUR, National Statistics Institute (INE), Spanish Airports and Air Navigation (AENA), Ministry of Development of Spain, Alimarket and Christie & Co's own internal sources.
To read the full report, click here.