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Posts by author

Miguel Praga

2409 posts
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  • 1 min

París aplica otro recorte al alquiler vacacional

  • Miguel Praga
  • 22 December 2024
🚨 Paris, from January 1st, further limits short-term tourist rentals to 90 days per year, reduced from the previous cap of 120 days. This move is due to concerns that such rentals affect the housing market negatively. Currently, there are 95,000 listings on Airbnb or similar platforms in Paris, mostly available during summer, with an estimated 25,000 illegally rented apartments facing potential fines. French legislation empowers mayors to make housing policy decisions locally.
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Uzbekistán se alza como el gran destino revelación de 2025

  • Miguel Praga
  • 22 December 2024
🌏 Samarcanda and Bukara, historical cities visited by Marco Polo and medieval merchants, are part of Uzbekistan's effort to become a popular tourist destination, despite past obscurity. To attract investment and improve its tourism appeal, Uzbekistan has offered tax breaks of three, five, or seven years based on investment size. Currently, the country has over 5,000 hotels with 155,000 beds, varying in quality. Tourism diversity includes the Silk Road, health, and gastronomic experiences, as well as developing MICE (meetings, incentives, conferences, and exhibitions) tourism. 2025 is projected to be a breakthrough year for tourism, including from Spain.
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España confirma que la ‘ley Marlaska’ no se aplica en origen

  • Miguel Praga
  • 22 December 2024
🛈 The Spanish government confirmed in December that UK tour operators and travel agencies are exempt from new data collection regulations in Spain, as stated by the Spanish Tourist Office in London. The exemption is due to European data protection rules. The Spanish Tourist Office reassures that no additional information is required from travelers than what has been collected for the past fifty years, aside from a system update and mandatory data as per the Schengen Treaty. Only Spain-based intermediaries must collect the data.
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Javier Hidalgo abandona la “playa” del Atlético de Madrid

  • Miguel Praga
  • 21 December 2024
🏖️ Javier Hidalgo resigned as board member of Madrid Playa Surf in 2024. The company, initiated by Atlético de Madrid, is building Europe's largest artificial beach next to the club's new sports city. Hidalgo, former CEO of Globalia, left due to pressure from partners over his links to the Koldo scheme. Pablo Ferre Domínguez, a trusted individual hired by Globalia in 2021, and a member of the tourism group's advisory council, replaced him. Hidalgo joined Madrid Playa Surf in 2023, owning a 25% stake, equal to Atlético de Madrid's share, with the rest split equally between Teras and Stoneweg funds.
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Oficial: Malasia relanza la búsqueda del avión perdido

  • Miguel Praga
  • 21 December 2024
✈ Malaysia Airlines Flight MH370, carrying 239 people, vanished on March 8, 2014, flying from Kuala Lumpur to Beijing. After a 119,000 square kilometer search, only 19 pieces have been found, linked to the Indian Ocean. In 2024, Malaysian Transport Minister Anthony Loke announced a renewed investigation with Ocean Infinity, which is confident in locating the wreckage and will only charge the $70 million operation cost upon success. Advanced scientific systems have pinpointed a potential crash site, with new research starting soon.
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Francia vive un caos de país bananero por la tasa aérea

  • Miguel Praga
  • 20 December 2024
🛫 In France, a non-existent aviation tax caused uproar when announced to charge up to €72 per long-haul flight ticket from January. Air France and Corsair started collecting the unapproved tax from October 24. Following the government's fall on December 6, both airlines decided to refund customers, complicating transactions made through agencies. The new government under François Bayrou may reintroduce the tax, adding to the confusion.
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Un Boeing 737 de Norwegian, a punto de caer al mar en el aterrizaje

  • Miguel Praga
  • 20 December 2024
🛩 A Norwegian Boeing 737 with 171 occupants nearly plunged into the sea during a route from Oslo to Molde in Norway. The aircraft was traveling at 206 kilometers per hour during landing—four times the appropriate speed of 50 km/h. Ice on the runway and human error are considered possible causes, with Norwegian attributing the incident to bad weather and icy, slippery conditions.
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Bolivia, sin dólares, en riesgo de aislamiento por vía aérea

  • Miguel Praga
  • 20 December 2024
💸 Bolivia owes airlines $42 million, risking international air isolation due to its refusal to convert local currency ticket sales into dollars, amidst looming bankruptcy. Boliviana de Aviación, the state airline, reduced travel agency commissions from 6% to 1%, causing commercial tensions. Bolivia's main airport, Viru Viru, is located in Santa Cruz de la Sierra. Most foreign airlines operating in Bolivia are regional, with eight potentially ceasing operations.
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Volotea: su fondo de maniobra negativo se dispara a 240 millones

  • Miguel Praga
  • 20 December 2024
💸 Volotea's negative working capital worsened to -€240.18 million in 2023, a deterioration of €105 million from -€135.18 million in 2022. The airline's liquidity ratio also declined to 0.43, with current assets at €184.6 million against current liabilities of €424.8 million. On November 12, Volotea delayed a €36.2 million payment to SEPI and banks for a state bailout of €200 million and an ICO-backed loan of €150 million. The airline reported a net worth hole of €423 million in 2023, up from €316 million in 2022 and €159.9 million in 2021, marking its fifth consecutive year of losses, totaling €97.5 million for 2023.
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El elefante en la sala

  • Miguel Praga
  • 20 December 2024
🌊 Juan Carlos García Granda, Cuban Minister of Tourism, addresses the concerning decline in the country's tourism sector, which is essential for viability. He suggests a coherent investment plan is needed to improve the tourism product. Acknowledging issues with safety perception, loss of qualified personnel, and supply problems, García Granda highlights the centralized economic model and lack of freedom as underlying issues. He does not detail why investments are unproductive or how these fundamental problems will be addressed.
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