The impact of the pandemic on the hotel and leisure sector left it drowning in challenges and debt. Now that the era of lockdowns and restrictions on our movement is over, the numbers are gradually on the up again. Proof of this is the volume of real estate investment in the vacation segment, which amounted to 2.8 billion euros in the main Mediterranean destinations of Spain, Italy, Greece and Portugal.
Coastal tourist destinations are attracting more capital than urban locations during this recovery period and results from the first seven months of 2022 confirm the tourist recovery, according to a report by the international consulting firm JLL entitled Mediterranean resorts as a tourist destination. Indeed, the Mediterranean is leading the charge in terms of the recovery in global tourism.
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