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The Occupancy Rate of Spanish Hotels Fell by 9.4% in 2022 vs 2019

The average price per hotel room increased in 2022 and, with it, the total revenue per available room.

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The average occupancy rate of Spanish hotels stood at 67.7% in 2022, which represents a drop of 9.4% compared to 2019, the last normal year before the outbreak of the coronavirus pandemic. Nevertheless, that figure represents an increase of 53% compared to 2021, according to a report by Cushman & Wakefield and STR.

With the return of travellers over the past year, the hotel industry managed to increase the average price per room and, with it, the total revenue per available room in 2022. Specifically, the RevPAR (average price per available room) in Spain was 90.1 euros, representing a rise of 2% compared to 2019 and of 84% compared to 2021. In addition, the ADR (average daily price) reached 133 euros, up by 12% and 20%, respectively.

Read the full article in Spanish.

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