Tourism entrepreneurs predict a significant increase in prices and costs in 2023

this tourism entrepreneurs envision 11 percent increase in prices and 19 percent increase in costs. They also point out that according to the latest survey by ‘Quaderns Gadeso’, activity will drop by 12.5%. Employers present themselves with “complete uncertainty” about 2023.

After two years of the pandemic and a “very positive” season, the study found that the current situation and profitability forecasts are negative and marked by “extremely” doubts. Inflation will be decisive because of its direct impact on customers’ purchasing power and tourist costs. For this reason, he states that it will especially affect small companies.

Due to the increase in costs, corresponds to some increase raw materials and energy costs. Government assistance to SMEs and the self-employed “can help mitigate this impact and allow business to continue”.

34 percent of entrepreneurs committed to tourist accommodation are “restless and insecure”, a concern exacerbated by rising electricity prices that have a “direct” impact on transportation or visitors’ spending capacity: it is impossible to seek profitability based only on high season Dense”.

The profitability expectations of companies that make complementary offers are slightly more negative (-8%) compared to accommodation facilities. In this case, activity will drop by 16 percent, prices by 10 percent and costs by 18 percent: industry is much more exposed to fluctuations The all-inclusive competition of the economy and inflation is causing some of our visitors to limit themselves to spending in hotels and include spending.” reforming hotels.

Source: Informacion

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