Automatic

🏨 Christie & Co's "Business Outlook 2025" report indicates Spain's hotel investment trends for the year, revealing a record occupancy and Average Daily Rate (ADR), with over €3.2 billion in transactions in 2024. Institutional investors are expected to return to the market, driven by lower debt costs and diversification needs, alongside economic and mid-range operators accelerating growth in Spain, and international brands continuing their market penetration supported by white-label managers. Economic recovery post-inflation and energy cost normalization may limit hotel price increases. Spain solidifies as a global tourism leader amidst political instability in Eastern Europe and the Middle East. Domestic clientele, representing about a third of overnight stays, is not expected to grow in 2025. Spanish banks remain willing to finance hospitality, though Loan-to-Value (LTV) ratios haven't returned to pre-2022 levels. Alternative financing is growing. Spain leads in sustainability, driven by legislation and customer expectations, addressing overtourism and staff housing shortages in islands by developing accommodations.

🏖 The "Premios Q" and special 25th anniversary awards will be presented by the ICTE on January 23 during NocheQ at Palacio de Cibeles, Madrid. Notable recipients include the Ayuntamiento de Jerez, HOSBEC, five Axarquía malagueña routes, journalist Carles Lamelo, CEHAT, Estación de Esquí del Valle de Astún, and Hoteles Intelier. The event celebrates quality and sustainability in tourism, with the presence of industry minister Jordi Hereu and ICTE president Miguel Mirones.