HomeCompaniesThe Recovery ...

The Recovery of the Hotel Sector Postponed Until Mid-2021, According to Savills

According to the consultancy, the holiday segment will be the first to be activated, pending the approval of vaccines and tax breaks.

Reco des Sol propiedad de Aguas de Ibiza 1024x768 1
Apartahotel Reco des Sol in Ibiza.

In 2021, Spain will recover as one of the world’s main tourist destinations, according to experts gathered at a seminar organised by the consulting firm Savills Aguirre Newman. The holiday segment will be the first to be activated, pending the approval of the various vaccines and tax breaks.

In the opinion of the experts, “the road to recovery will not be without its challenges and so the effective management of pre-existing trends (sustainability, integration into the environment and the continuity in tax breaks) will be key across the board”.

Read the full article in Spanish.

B-Exclusives

Latest news

VGP