Wednesday, September 23, 2020
Home Coronavirus Tourist Accom...

Tourist Accommodations Less Affected than Hotels, Down 49% in July

Occupancy at non-hotel tourist accommodations exceeded 9.9 million in July, down 49.9%, compared with a 73% drop for hotels.

There were over 9.9 million overnight stays in non-hotel accommodations (flats, campsites and rural houses, among others) in July, a fall of 49.9% compared to the 19.8 million recorded in the same month in 2019, according to data published by the National Statistics Institute (INE). The 50 % drop, however, compares favourably to the occupancy in the hotel sector, which fell by 73.4% during the same period.

Regionally, domestic overnight stays by Spaniards fell by 19.4% y-o-y, while those of non-resident foreigners fell by 77%.

Read the full article in Spanish

B-Exclusives

The Details of the 102 Residential Plots Being Sold by the Community of Madrid

The regional government is going to put 240 publicly owned plots up for sale, of which 102 are for residential use. The jewel in the crown is a plot spanning more than 32,000 m2 in the heart of the Salamanca district.

How Covid is Affecting House Prices: Map of the Decreases by District

The coronavirus crisis is causing house price decreases of up to 70% in some municipalities in Castilla La-Mancha, the Community of Valencia and Andalucía.

Property Developers Launch Large Urbanisations Post-Pandemic

Between April and August, work began on 996 developments in Spain with the ten largest comprising 1,691 homes. Of those ten, which are located in Madrid, the Basque Country, the Community of Valencia and Andalucía, four are being built by Amenabar.

Fearless Despite the Crisis: Property Developers Start Work on More than 27,000 New Homes Since April

Between April and August, work began on a total of 996 developments and 27,882 homes in Spain, according to data from the real estate big data platform Brains RE, with Amenabar, Habitat and Aedas the most active players.

Latest news

Metrovacesa Launches a Share Purchase Plan for its Land Subsidiary

The real estate firm is offering MPyA's shareholders 0.1152 euros per share in cash or shares in its parent company in the ratio of 143:1.

The State and Pryconsa Will Build 600 Homes on the Site of the Former Prison in Carabanchel

After several years on the backburner, the urban project to develop Carabanchel's former prison, where 600 houses will be built, is going ahead. The land has a surface area of more than 170,000 square metres.

Cataluña’s New Rental Law Entered into Force Yesterday

The new law that regulates rental prices in the 60 Catalan municipalities that have more than 20,000 inhabitants came into force on Tuesday.

The Pandemic Leaves the Sale of Shopping Centres Up In The Air

The owners of shopping centres are holding back on the sale of their large establishments due to the difficulties involved in agreeing prices between owners and investors.