Holiday rentals take over hotels for first time in Spain

12th June 2017, Comments 0 comments

There were more beds available in so-called ‘tourist apartments’ i.e. Airbnb accommodation, than in hotels last year

HOLIDAY rentals have taken over hotels for the first time in Spain.

Newly released figures show that last year there were more beds available in so-called ‘tourist apartments’ i.e. Airbnb accommodation, than in hotels.

The study, by Exceltur, shows that the number of bed space available through short-term home rentals nearly doubled from 2015 to reach 362,493 beds in Spain’s 22 biggest cities.

That figure is 9.76% higher than what was available in hotels.


“In just four years, vacation rental accommodation has exceeded the number of hotel beds created during entire decades of tourism-industry development,” said José Luis Zoreda, executive vice-president of Exceltur.

Airbnb has been growing at a pace of nearly 100% in recent years, and now represents 54.2% of all available vacation rentals in Spain.

 

© Olive Press Spain

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