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  • 2 min

Las viviendas turísticas de la costa rozarán el 85% de ocupación en agosto

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  • 30 July 2024
🏖️ Coastal tourist homes in Spain have a reservation level of 84.9% for August, slightly up from 84.3% last year. Mallorca leads with 99.7% of homes booked, followed by Menorca (93.2%) and Asturias (90.8%). Inland tourism sees 90.5% of rural homes already booked for August. The most significant increase in occupancy compared to August 2023 is in Huelva, from 44.6% to 60.7%, while Menorca sees the biggest drop from 97.3% to 93.2%. Air conditioning (86.9% reserved) and pools (84.8% reserved) are the most sought-after amenities.
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A qué destinos de España viajarán los europeos en agosto

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  • 30 July 2024
🏖️ European tourists plan heavy travel to Spain in August 2024, preferring destinations like Palma, Alicante, Barcelona, Tenerife, and Málaga. Flight searches for August 2024 are up 12% and hotel searches 14% compared to 2023. Germans and Portuguese favor Palma, while Britons, French, Italians, and Dutch prefer Alicante, Barcelona, Tenerife, and Málaga respectively. Barcelona, Alicante, and Madrid are also top choices among diverse nationalities.
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  • 2 min

Tecnología y sostenibilidad: claves del éxito turístico en España

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  • 30 July 2024
🏖️ En España, el sector turístico ha experimentado un aumento del 13,6% en visitantes internacionales y un 7,3% en gasto total en comparación con el año anterior. El gasto diario por turista ha crecido un 8,6%. Estas cifras reflejan un 2024 exitoso para España como destino turístico global. La adopción de tecnologías como inteligencia artificial y machine learning mejora la personalización de viajes y la experiencia del cliente. Sostenibilidad y prácticas ecológicas también se están convirtiendo en un foco para atraer turistas conscientes.
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  • 3 min

TUI completa una emisión de bonos convertibles por 487 M €

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  • 30 July 2024
💰 TUI successfully issued convertible bonds worth €487 million to strengthen its financial structure, with a 7-year maturity and a fixed interest rate of 1.95% per annum, payable semi-annually. This reduces the KfW line of credit debt from €550 million to €210 million. Bonds can be converted into TUI shares at an initial conversion price of €9.60, a 50% premium over the reference price of €6.40 per share. The maturity date is set for July 26, 2031. Global coordinators include BofA Securities Europe SA, HSBC, and others.
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  • 6 min

La CNMC multa a Booking.com con 413 millones €

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  • 30 July 2024
💸 Spain's CNMC fined Booking.com €413 million on July 30, 2024, for abusing its dominant position and breaching competition laws. Booking's market share in Spain ranged from 70% to 90% during the investigation period. The fine addresses two continuous infringements: imposing unfair commercial conditions on Spanish hotels and restricting competition for other online travel agencies. Booking.com, which plans to appeal, had previously set aside $530 million in its 2023 accounts for an anticipated CNMC decision. The fine comprises two penalties of €206.62 million each. The CNMC also imposed behavioral obligations on Booking.com to prevent future similar conduct.
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  • 2 min

Soho Boutique Hoteles estrena Dirección General

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  • 29 July 2024
🏨 Juan Carlos López Vella, former controller of Soho Boutique Hoteles, was appointed as General Manager in a strategic shift aimed at stabilizing, refinancing, and preparing for future growth and expansion. He joined the company in 2018, bringing extensive financial and management control experience, and has completed an Executive Education program at San Telmo Business School. The hotel group focuses on innovation, sustainability, and quality service in the urban boutique hotel sector. The strategic plan includes financial restructuring to fully repay loans from the Solvency Support Fund for Strategic Companies managed by SEPI.
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  • 4 min

Los tribunales ordenan a Ryanair que deje de denigrar a eDreams

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  • 29 July 2024
🛡 Juzgado de lo Mercantil nº12 de Barcelona has ordered Ryanair to immediately cease denigrating practices against eDreams, including a campaign of defamation against eDreams and its Prime program. Ryanair spread false claims, violating Article 9 of the Unfair Competition Law. Measures are in response to Ryanair's long-term smear tactics, designed to promote Ryanair.com. The court prohibited the use of terms like "scam," "deceit," and pirate-themed images. This follows a previous ruling by Spain's Supreme Court against Ryanair's denigration and anti-competitive behavior towards eDreams Odigeo. The airline's strategy is coercive, aimed at signing anti-competitive distribution agreements, distracting from their own abusive practices and investigations across Europe. eDreams' legal victories include a case against Ryanair's market dominance abuse in Italy and a recent German ruling against their deceptive consumer practices, despite a separate German legal win for Ryanair. Spanish authorities fined Ryanair approximately €100 million for anti-consumer practices, and French courts penalized them for passenger rights violations. eDreams has not signed a collaboration agreement with Ryanair, unlike other online travel agencies (OTAs), straining their relationship.
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Ryanair se asocia por primera vez con un agregador OTA

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  • 29 July 2024
✈ Ryanair partners with Paxport, becoming their first "OTA Approved aggregator," offering transparent pricing for low-cost flights to associated online travel agencies (OTAs). Paxport customers gain direct access to their myRyanair account without additional verification. This partnership allows OTA partners to book across Ryanair's 240+ destinations. The collaboration aims to support Ryanair's commercial strategy by enabling controlled distribution to Paxport's approved subscribers, strengthening Paxport's commitment to the travel sector.
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  • 2 min

Madrid aumenta su atractivo turístico como destino también en agosto

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  • 29 July 2024
🏖️ Madrid exceeded one million tourists in August for the first time in 2023. The Asociación Empresarial Hotelera de Madrid (AEHM) reports an average hotel occupancy of 52% for August, with last year's final occupancy reaching 65.51%, surpassing pre-pandemic levels. International tourists, mainly from the USA, UK, Mexico, France, and Italy, represent 53% of the guests, with 61% a year ago. VP of AEHM credits Madrid's diverse gastronomy, cultural offerings, international events, and excellent connectivity for the tourism boost.
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  • 2 min

Valencia tendrá un complejo hotelero en un palacio del casco histórico

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  • 29 July 2024
🏡 The Ayuntamiento de Valencia has granted Lovatres construction company license to transform Palacio de los Eixarchs into a hotel and tourist apartment complex. Starting within 6 months, the project must be completed in 24 months. Located in El Pilar, near Mercado Central, it involves rehabilitating buildings at 3, 5, and 7 Eixarchs Street plus two new structures. The complex will consist of the rehabilitated and expanded Edificio Eixarchs, the newly built Edificio Boatella for hotel use, and Edificio Valeriola for tourist apartments and a two-basement parking with access from Eixarchs. The first phase includes the palace rehabilitation, followed by the hotel construction, the apartment building, and finally the parking.
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