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Spain's hotel sector expects record summer, rising prices

Reuters    Translate This Article
28 June 2017

On 28 June 2017 Reuters reported: Spanish hoteliers are expecting a record number of foreign visitors this summer, hotel confederation Cehat said on Wednesday [28 June], in a boost for the economy. Spain registered a record 75.5 million foreign visitors in 2016 . . . Tourism accounts for around 11 percent of Spain's economic output and is a major contributor to employment levels. 'Expectations are up across all areas, in prices, nightly stays, and profits,' general secretary of Cehat Ramon Estalella said . . . Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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