Latest news with #Barcelo
Yahoo
28-05-2025
- Business
- Yahoo
Spain Hotel Market Forecast Report and Company Analysis 2025-2033 Marriott, Melia Hotels, Barcelo, NH, TUI, Accor, Wyndham, and InterContinental
Spanish Hotel Market Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Spain Hotel Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to offering. The Spain Hotel Market is projected to grow from US$ 25.90 billion in 2024 to US$ 34.54 billion by 2033, advancing at a CAGR of 3.25% from 2025 to 2033. This growth is fueled by an array of factors including Spain's diverse cultural and historical allure, surging domestic travel, favorable climate, infrastructure enhancements, governmental support, and the multi-faceted appeal of coastal, urban, and rural attractions. Spain's captivating landscapes, rich history, and vibrant culture make it an enduringly popular destination. The country's hotel sector has adeptly adapted to modern travelers' tastes, blending contemporary luxury with classic charm to position Spain as a leader in hospitality. Historical landmarks, exceptional beaches, and efficient transportation contribute to its draw, with cities like Madrid and Barcelona complementing serene seaside and rural retreats. Rising disposable incomes and environmentally-conscious government programs further boost the market. The industry's recovery post-pandemic and the growing inclination towards wellness and sustainable tourism enhance Spain's standing as a top destination. Growth Drivers for the Spain Hotel Market Infrastructure Development: Enhanced infrastructure plays an instrumental role in market growth by improving accessibility and encouraging travel. Expansions in high-speed trains, airports, and roadways facilitate easier access for international and local tourists, boosting occupancy in regions such as Costa Brava and the Canary Islands. The strategic partnership between Hotelbeds and Barcelo in November 2023 aims to amplify the market presence of 130 Barcelo hotels, enriching Spain's image as a premier travel hub. Growing Travel Industry: Spain's tourism sector continues to flourish, driven by its extensive cultural offerings and varied landscapes, from idyllic coastal spots to buzzing metropolises. The industry significantly impacts the economy, reflecting favorably on GDP growth. A blend of strong domestic travel and constant foreign influx sustains the demand for diverse hospitality services, contributing to the sector's robust performance. Increasing Government Assistance and Investment in Infrastructure: Proactive governmental policies and investments in tourism infrastructure significantly bolster Spain's global competitiveness as a travel destination. Infrastructure upgrades, marketing ventures, and international agreements solidify its lead in hospitality-driven growth. Notably, the proposed investment of Euro 2.4 billion in Madrid's Adolfo Suarez-Madrid Barajas Airport aims to elevate its prominence as Europe's gateway to Latin America. Challenges in the Spain Hotel Market Seasonality: The cyclical nature of tourism demand, peaking in summer, poses a challenge in terms of revenue stability and occupancy rates. To maintain profitability year-round, establishments must navigate seasonal labor needs and promotional activities. Sustainability Pressures: The industry's push towards eco-friendly practices introduces challenges, notably for smaller setups grappling with the cost of adopting sustainable technologies. The financial burden and operational alterations associated with meeting environmental standards underscore the need for strategic adaptation within the sector. Spain Hotel Overview by Cities Madrid Hotel Market: A vibrant tourism and business destination, Madrid's hospitality sector thrives with a concentration of luxury, boutique, and budget accommodations tailored to varied clientele. Seasonal peaks in occupancy, driven by festivals and events, highlight its dynamic market. Barcelona Hotel Market: The influx of international and business visitors underpins Barcelona's hotel industry. Diverse accommodations cater to different traveler demands, with spring and summer seeing heightened activity due to the city's cultural allure and events calendar. Key Players:Company Overview, Key Persons, Recent Developments, Sales Analysis Marriott International Inc. Melia Hotels International Barcelo Hotel Group NH Hotel Group TUI Hotels & Resorts Accor Hotels Wyndham Hotels & Resorts InterContinental Hotels Group Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $25.9 Billion Forecasted Market Value (USD) by 2033 $34.54 Billion Compound Annual Growth Rate 3.2% Regions Covered Spain Key Topics Covered: 1. Introduction2. Research Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Spain Hotel Market6. Market Share Analysis6.1 By Type6.2 By Business Model6.3 By Sales Channel6.4 By Age Group6.5 By Gender6.6 By Star Rating6.7 By Cities7. Type7.1 Economy7.2 Midscale7.3 Upscale & Upper-Upscale7.4 Luxury8. Business Model8.1 Chain8.2 Independent9. Sales Channel9.1 Offline9.2 Online10. Age Group10.1 18-24 years10.2 25-34 years10.3 35-44 years10.4 45-54 years10.5 55-64 years11. Gender11.1 Male11.2 Female12. Star Rating12.1 1 Star12.2 2 Star12.3 3 Star12.4 4 Star12.5 5 Star13. Cities13.1 Madrid13.2 Barcelona13.3 Palma13.4 Seville13.5 Valencia13.6 Granada13.7 Malaga13.8 Bilbao13.9 Alicante13.10 Cordoba13.11 San Sebastian13.12 Santiago de Compostela13.13 Santander13.14 Cadiz14. Porter's Five Forces Analysis14.1 Bargaining Power of Buyers14.2 Bargaining Power of Suppliers14.3 Degree of Rivalry14.4 Threat of New Entrants14.5 Threat of Substitutes15. SWOT Analysis15.1 Strength15.2 Weakness15.3 Opportunity15.4 Threat16. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Spanish Hotel Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
28-05-2025
- Business
- Yahoo
Spain Hotel Market Forecast Report and Company Analysis 2025-2033 Marriott, Melia Hotels, Barcelo, NH, TUI, Accor, Wyndham, and InterContinental
Spanish Hotel Market Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Spain Hotel Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to offering. The Spain Hotel Market is projected to grow from US$ 25.90 billion in 2024 to US$ 34.54 billion by 2033, advancing at a CAGR of 3.25% from 2025 to 2033. This growth is fueled by an array of factors including Spain's diverse cultural and historical allure, surging domestic travel, favorable climate, infrastructure enhancements, governmental support, and the multi-faceted appeal of coastal, urban, and rural attractions. Spain's captivating landscapes, rich history, and vibrant culture make it an enduringly popular destination. The country's hotel sector has adeptly adapted to modern travelers' tastes, blending contemporary luxury with classic charm to position Spain as a leader in hospitality. Historical landmarks, exceptional beaches, and efficient transportation contribute to its draw, with cities like Madrid and Barcelona complementing serene seaside and rural retreats. Rising disposable incomes and environmentally-conscious government programs further boost the market. The industry's recovery post-pandemic and the growing inclination towards wellness and sustainable tourism enhance Spain's standing as a top destination. Growth Drivers for the Spain Hotel Market Infrastructure Development: Enhanced infrastructure plays an instrumental role in market growth by improving accessibility and encouraging travel. Expansions in high-speed trains, airports, and roadways facilitate easier access for international and local tourists, boosting occupancy in regions such as Costa Brava and the Canary Islands. The strategic partnership between Hotelbeds and Barcelo in November 2023 aims to amplify the market presence of 130 Barcelo hotels, enriching Spain's image as a premier travel hub. Growing Travel Industry: Spain's tourism sector continues to flourish, driven by its extensive cultural offerings and varied landscapes, from idyllic coastal spots to buzzing metropolises. The industry significantly impacts the economy, reflecting favorably on GDP growth. A blend of strong domestic travel and constant foreign influx sustains the demand for diverse hospitality services, contributing to the sector's robust performance. Increasing Government Assistance and Investment in Infrastructure: Proactive governmental policies and investments in tourism infrastructure significantly bolster Spain's global competitiveness as a travel destination. Infrastructure upgrades, marketing ventures, and international agreements solidify its lead in hospitality-driven growth. Notably, the proposed investment of Euro 2.4 billion in Madrid's Adolfo Suarez-Madrid Barajas Airport aims to elevate its prominence as Europe's gateway to Latin America. Challenges in the Spain Hotel Market Seasonality: The cyclical nature of tourism demand, peaking in summer, poses a challenge in terms of revenue stability and occupancy rates. To maintain profitability year-round, establishments must navigate seasonal labor needs and promotional activities. Sustainability Pressures: The industry's push towards eco-friendly practices introduces challenges, notably for smaller setups grappling with the cost of adopting sustainable technologies. The financial burden and operational alterations associated with meeting environmental standards underscore the need for strategic adaptation within the sector. Spain Hotel Overview by Cities Madrid Hotel Market: A vibrant tourism and business destination, Madrid's hospitality sector thrives with a concentration of luxury, boutique, and budget accommodations tailored to varied clientele. Seasonal peaks in occupancy, driven by festivals and events, highlight its dynamic market. Barcelona Hotel Market: The influx of international and business visitors underpins Barcelona's hotel industry. Diverse accommodations cater to different traveler demands, with spring and summer seeing heightened activity due to the city's cultural allure and events calendar. Key Players:Company Overview, Key Persons, Recent Developments, Sales Analysis Marriott International Inc. Melia Hotels International Barcelo Hotel Group NH Hotel Group TUI Hotels & Resorts Accor Hotels Wyndham Hotels & Resorts InterContinental Hotels Group Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $25.9 Billion Forecasted Market Value (USD) by 2033 $34.54 Billion Compound Annual Growth Rate 3.2% Regions Covered Spain Key Topics Covered: 1. Introduction2. Research Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Spain Hotel Market6. Market Share Analysis6.1 By Type6.2 By Business Model6.3 By Sales Channel6.4 By Age Group6.5 By Gender6.6 By Star Rating6.7 By Cities7. Type7.1 Economy7.2 Midscale7.3 Upscale & Upper-Upscale7.4 Luxury8. Business Model8.1 Chain8.2 Independent9. Sales Channel9.1 Offline9.2 Online10. Age Group10.1 18-24 years10.2 25-34 years10.3 35-44 years10.4 45-54 years10.5 55-64 years11. Gender11.1 Male11.2 Female12. Star Rating12.1 1 Star12.2 2 Star12.3 3 Star12.4 4 Star12.5 5 Star13. Cities13.1 Madrid13.2 Barcelona13.3 Palma13.4 Seville13.5 Valencia13.6 Granada13.7 Malaga13.8 Bilbao13.9 Alicante13.10 Cordoba13.11 San Sebastian13.12 Santiago de Compostela13.13 Santander13.14 Cadiz14. Porter's Five Forces Analysis14.1 Bargaining Power of Buyers14.2 Bargaining Power of Suppliers14.3 Degree of Rivalry14.4 Threat of New Entrants14.5 Threat of Substitutes15. SWOT Analysis15.1 Strength15.2 Weakness15.3 Opportunity15.4 Threat16. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Spanish Hotel Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Ya Biladi
17-03-2025
- Business
- Ya Biladi
Barcelo expands in Morocco ahead of 2030 World Cup with major investments
Spanish multinational hotel company Barcelo will strengthen its presence in Morocco in preparation for the 2030 World Cup through significant investments in the expansion and modernization of its hotel facilities, according to its regional director, Enrique Acrich Ecker. In an interview with the Spanish newspaper, Acrich Ecker stated that Morocco is now Barcelo's primary country of investment, surpassing even Mexico, its historically largest international market. He noted that the group plans to increase the number of rooms to 600 across three properties in Casablanca, including the Farah Hotel, which will undergo a complete renovation over a one-year period. He emphasized that this expansion is part of the group's strategy to support the development of the Moroccan tourism sector in preparation for the 2030 World Cup. He explained that Casablanca is a strategic hub for tourism and the country's economy, benefiting from a privileged geographical location, an airport that meets international standards, and enhanced rail connectivity through the high-speed line (Buraq), which will also connect Marrakech and Agadir. The construction of a future large stadium in Benslimane and other infrastructure projects planned to improve connectivity to the metropolis will also contribute to enhancing Casablanca's tourism appeal, Barcelo's regional director added. He noted that the group, which already has six properties in the Kingdom, is counting on a diversified offering combining business, cultural, and leisure tourism to meet the growing demand in the run-up to the 2030 World Cup.
