Key Market Indicators
Spain's hotel occupancy rate dropped to 45.74 percent in December 2021, down from 54.83 percent in November 2021. This is significantly lower than the previous year's rate. By 2026, the number of available hotel rooms in Spain is expected to reach 880,480 bedrooms, up from 851,210 bedrooms in 2021. This represents an average growth rate of 0 percent year on year. Since 1995, the number of hotel rooms in the country has decreased by 1.5 percent year on year. In 2021, Germany had the most available hotel rooms at 851,210 bedrooms, followed by the United Kingdom, Germany, and Spain in that order.
Spain Hotel Market Data and Forecasts
How much will Spain Hotel Market grow?
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