This hotel prices softened In July, which coincides with the summer holiday, it was the lowest figure of the last 26 months with an increase of 6.2%, Overnight stays at these facilities remained below pre-crisis levels. Pandemic Despite an increase of 2.5% compared to the same month of 2022.
According to data from the National Institute of Statistics (INE), 192.9 million nights were consumed between January and July; this is 10.8% higher than 2022 and slightly higher than the first seven months of 2019.
Number of overnight stays in hotel businesses exceeded in July 43.1 million, of which 27.7 million were non-resident travelers night and the number of citizens, 15.3 million.
The price increase is moderate
The annual rate of the Hotel Price Index (IPH) was 6.2%, thus down from 9% in June and 4% in May, compared to previous months.
Actually, Lowest rate since hotel prices started to rise in JulyIn June 2021, it was 10.1 points lower than the same month of the previous year, where there was an increase of over 16%.
Compared to July 2023, the largest increases in hotel prices occurred in the autonomous city of Melilla (24.7%) and Navarra (14.3%). small in Cantabrian (1.7%).
The biggest increase on the basis of category was seen in one-star hostels (10.7%).
In this line, In July, the average daily interest rate (ADR) increased by 6.3% to 128.8 euros. 25% higher than in 2022 and before the pandemic.
The profitability of hotels, estimated by the indicator (RevPAR, English) that measures the average daily revenue per available room, determined by occupancy, reached 96.5 Euros, which is 7.5% higher than the previous year and 25% higher than the previous year. July 2019.
By categories, The average daily price of five-star hotels was 298.6 euros (216.3 euros in 2019), 134.8 euros for four-stars (111.6 euros before the pandemic), 110 euros for three-stars (88.2 euros then). Last July, revenue per available room for the same categories was 216.1, 110.2 and 85.2 euros, respectively.
Estepona was the tourist destination with the highest ADR and RevPAR, with an average daily billing of €298 per room occupied and revenue per available room of €250.4.
Non-citizens are falling
Nights spent by domestic travelers in July exceeded pre-coronavirus pandemic levels by 3.4%, but Accommodations by non-resident travelers fell by 1.9% Compared to the same month of 2019.
This average stay decreased by 0.6% 3.4 night stays per traveler compared to July 2022
Incoming travelers UK and Germany concentrated by 25.5% and 16.6%In order of total overnight stays of non-residents in hotel establishments in July. Nights spent by visitors from France, the Netherlands and Italy (next source markets) accounted for 8.6%, 4.8% and 4.4%, respectively.
main destinations
The main destinations in July were: Community of Andalusia, Catalonia and ValenciaMore than half of the nights consumed in that month were combined.
While foreigners preferred the Balearic Islands with 34.5 percent of the total accommodation, it was followed by Catalonia and the Canary Islands with 21 percent and 18.4 percent, respectively.
In April, while the occupancy rate of the places offered increased by 70.2% with an increase of 1.3% compared to the same month of the previous year, the occupancy rate of the weekend places increased by 1.5% to 74.1%.
The highest bed occupancy rate was seen in Islas Baleares (87.5%) in July; this percentage rose to 90% in the Palma-Calvià region; followed by the Canary Islands (75.8%) and the Basque Country (74.3%).
The touristic spots with the most overnight stays were Barcelona, Madrid and Calvià.