spain
Spain’s Hotels Power up for an Eco-Friendly Future
Jll Real Views | February 4, 2019
Across Spain, hotels are prominently flagging their green credentials as they increasingly take steps to reduce their environmental footprint and appeal to a new generation of eco-aware consumers. The country's Paradores, state-run hotels in historic buildings such as former palaces and monasteries, are the latest to look to a greener future, switching to renewable energy sources by incorporating features such as biomass technology or solar panels. "The Paradores' commitment to become 100 percent green energy driven is an important milestone in the Spanish hotels sector," says Carlos Ortega, Executive Vice President of the Hotels divisi...
Tourism Boom: How Spain’s Hotels Are Capitalizing by Owning Their Supply
Mateus Coelho | November 8, 2017
By Mateus Coelho "In today's world, either you change or you will be changed. So, either you act and then you make some hard decisions and take some risk … or somebody is going to be acting for you – that's somebody called Booking.com, Expedia, Airbnb, Google, Amazon, Facebook." They're the words of Sébastien Bazin, CEO of AccorHotels, who spoke at this year's South America Hotel Investment Conference on the need for hotels to take control – or risk losing their place in the driver's seat. According to MicroMetrics, OTAs now have access to more than 99 percent of the world's hotel inventory. This, alone, isn't ...
Spain’s Hotels Market See Values Boosted as Performance Improves
HVS | November 9, 2015
9 November 2015, Madrid: Improving occupancy and rate performance across Spain has helped boost hotel values and drive recovery in the country's hotel and tourism sector, according to a new report from global hotel consultancy HVS. Spain has experienced some challenging years on the back of the global downturn, particularly the crash of its real estate market. However, with a strong cultural identity, sound infrastructure and good accessibility, the country is once again appealing to both leisure and business travellers in both its urban and resort locations. Released to coincide with the Mediterranean Resort & Hotel Real Estate...