El Arenal beach in Mallorca

El Arenal beach in Mallorca.

27-11-2020ENRIQUE CALVO

The number of hotels for sale in Spain surged by 19% in October compared to March, with most of those on offer in holiday hotspots, leading property portal Idealista said on Friday.
Spain's economy is heavily hospitality dependent and lockdowns to contain the coronavirus have hit hard.

In the Balearic Islands, the number of hotels on sale jumped 84% over the period, while for Andalusia the increase was 45%. Overall, 557 hotels were on sale in the country as of October, 101 of them in Catalonia, Idealista said.

Almost a third of Spanish hotels were closed in October, according to data from Spain's National Statistics Institute.

Registered hotel bookings were 83% lower last month than the same period last year, official data showed earlier this week.

Comments

The content of comment is the opinion of users and netizens and not of mallorcadailybulletin.com.

Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted');

mallorcadailybulletin.com - reserves the right to remove any inappropriate comments.

Warning

Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.

* Mandatory fields

Currently there are no comments.