The Spanish luxury hotel market has experienced a boom in recent years, according to the results of study published by DBK in September 2007. In July 2007, there were a total of 250 luxury hotels, 56 more than at the end of 2004. Likewise, the number of rooms available has increased 25% in the same period, totalling 40,000.
Andalusia and the Canaries are the autonomous communities with the greatest number of luxury hotels, with 35% of the total, as well as having experienced the biggest growth between December 2004 and July 2007, with eight and nine new hotels, respectively. In July 2007, 48% of all luxury hotels, totalling 55% of all available rooms, were located on the coast, while 40% were city hotels, totalling 42% of all rooms.
As a whole, five-star hotels registered a turnover of 1,350 million euros in 2006, and an average yearly growth in turnover of 12% during the period 204-2006.
According to short- and medium-term forecasts, based on new hotel projects now being developed, the sector will continue to grow. By the end of 2008, there could be around 315 five-star hotels in Spain, with a joint turnover of 1,700 million euros.
If you are planning any type of event in Spain or Morocco, contact us or browse our directory with more
than 500 quality suppliers to request proposals and quotes directly, free of charge and without commissions.
With more than 1,600,000 page views and 1,000 requests for proposals a month, Event Planner Spain is currently the
most visited event organization portal in Spain, available in eight languages, with visits from 160 different countries.
If you provide services for events in Spain or Morocco, register your company and make the most of our current promotions.
If you want to advertise on our portal, please check advertise or contact us for an interesting proposal.