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Overnight Stays in Hotels Moderate Their Decline to 58% in March, the Smallest in a Year

The average revenue per occupied room for Spain’s hotels fell by 16.2% to 65.5 euros, while overnight stays decreased by 57.9% to €3.5 million.

According to a report by the National Statistics Institute (INE), overnight stays in hotel establishments surpassed €3.5 million in March, a fall of 57.9% compared to the previous year, the smallest decline since the beginning of the Covid-19 pandemic. There have now been thirteen consecutive months of drops in the number of hotel stays, which began to fall in March 2020, when the Covid-19 crisis broke out in Spain. Compared with pre-pandemic levels, overnight stays in hotel establishments in March 2021 decreased by 83.6% versus March 2019.

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