Spain

Credit: Hotel Condes Undoubtedly, one of the worst sectors to have suffered under the coronavirus crisis has been the hotel industry especially in tourism heavy areas such as Spain’s Costa del Sol. Now hoteliers across the nation have been forced to hang up the for sale sign and turn their null activity into liquidity. AN…

Credit: SAUDI PRESS AGENCY / DPA AN investment banker in Spain admits that “this is a good time” for opportunists and that many entities, such as the Saudi Arabian sovereign wealth fund, have already taken advantage of the low-price points. Despite the measures implemented by the European Commission to safeguard non-EU investment, sovereign funds from…

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Spain’s hotel market will see ongoing growth in the coming years. (Photo: Four Seasons) According to the TOPHOTELPROJECTS database, Spain’s hotel market is slated to grow by 81 projects in the next few years. In the coming years, Spain’s hotel market will see healthy growth with 81 projects and 16,123 rooms currently in the pipeline.…