Barcelona hotels lost a 50 m in the last quarter of 2017

The city recorded a growth in RevPar of 16% until September, but with the stress by ’process’ and the referendum of 1-O began to fall to close the year with an increase of 8%. Uncertainty in Barcelona will continue this year, as predicted Javier Serrano, responsible for Spain and Portugal of STR, while this 2018 has started better how you ended the previous. Thus the things, it is possible that decreases are recorded in occupancy and average price, RevPar. “We hope to have negative data not because it stops growing, but because negative data that do not meet those same growth will be compared to the good figures of 2017 until September,” has detailed Serrano. In fact, the Catalan capital is the only destination in the Mediterranean which presents dark clouds on the horizon while that you for the rest is foreseen growth of double digit in the case of North Africa, Greece and Croatia. Only in Istanbul the RevPar grew 35% thanks to the recovery of the occupation not of the price as still selling half that a few years ago. Barcelona hotels lost € 50 M in the last quarter of 2017espana, with margin up over the preciosPese to the March in the capital of Catalonia Spain closed last year with a del74 occupation, 6% ( 0.7%) and an average price of EUR 114,4 ( 8%) which prompted the RevP AR 85,29 euros ( 8.8%), according to data from STR and Magma.Nuestro country sells 20 euros more expensive today than it did in 2008 and four more than the European average but still has scope to raise prices as recalled Javier Serrano is located away from other destinations c OMO France or Italy which registered higher rates with lower occupancy. Forecasts for this year predict a 7% growth in RevPar in the whole of Spain while cities like Madrid will see it increased by 9%. Special attention will be put to destinations such as Malaga, the call by some ’new Barcelona’, other secondary cities such as Seville, Valencia and Bilbao..

Posted by on Feb 14 2018. Filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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