The comprehensive Action Plan on upgrading of Playa de Palma plans to phase in the next ten years between 40 and 60 percent of the 43,000 hotel rooms currently existing in this tourist area of the Balearic capital, while seeking to change the model increasing tourist hotel category two to four stars.

Source: Mallorca diarion

Spanish hotels recorded 35.1 million overnight stays in July, representing an increase of 7.2% over the same month of 2009, while prices fell 0.8% and have already accumulated 20 consecutive months of decline, according to figures released today by the National Institute of Statistics.

Fuente: Nexotour

Real-estate investors will spend more money buying hotels in Europe than the U.S. this year as slower development helps to preserve property values.

Fuente: Bloomberg

The European hotel industry posted mixed results in year-over-year metrics when reported in United States dollars, euros and British pounds for June 2010, according to data compiled by STR Global.

Fuente: HNN

The IATA associated airlines with increased their volume of passengers carried by 11.9% during the month of June, according to the international association of airlines. This means that passenger volumes now stand between 1% and 2% above pre-crisis levels. However, IATA suggests that the rhythm of recovery is not uniform: while in Europe the growth is 7.8%, Asia is 15.5%.

Fuente: e-tid