Overnight Hotel Stays Rose By 12.4% In February

28 March 2016 – Expansión

Hotel establishments recorded a total of 16.3 million overnight stays last month, up by 12.4% compared to February 2015.

During the first two months of 2016, overnight hotel stays grew by 10.4% with respect to the same period last year, according to figures released on Wednesday by the National Institute of Statistics (INE).

The increase in February was due to a 13.3% increase in overnight stays by non-resident visitors to Spain and a 11.2% increase in stays by residents. In addition, the average duration of stays in February amounted to 2.9 nights per user.

On the other hand, during the second month of 2016, 49.1% of all available places were occupied, which represented a YoY increase of 7.6%. Specifically, the occupancy rate on the weekend grew by 6.4%, to reach 57.2%. By region, occupancy rates in the Canary Islands were the highest, with an average of 77.9%, followed by Madrid (53.4%) and the Balearic Islands (48.9%).

The average daily rate (ADR) per occupied room amounted to €76.60, up by 7.9% compared with February 2015 and the revenue per available room (RevPar) amounted to €43.10, up by 16.5%.

By category, the average rate was €171.20 for five-star hotels, €80.70 for four-star hotels and €57.90 for three-star hotels.

Original story: Expansión

Translation: Carmel Drake

45