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The Hotel Sector Endures its Worst Ever Crisis: Just 37% of Establishments Are Currently Open

Average hotel occupancy in Spain was around 33% during the first nine months of the year and only 37% of hotels are currently operating, according to STR and Cushman & Wakefield.

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The hotel sector has been one of the segments hardest hit by the Covid-19 crisis as a result of the fall in tourism and the existence of mobility restrictions. Moreover, the new virus outbreaks and the lack of international travellers are preventing the start of any kind of recovery.

During the first nine months of 2020, the average hotel occupancy in Spain was around 33% in those hotels that were open, whilst last year the figure was 76%, according to the Barometer for the Hotel Sector in Spain report, prepared by STR and Cushman & Wakefield.

Read the full article in Spanish.

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