One year on, THN acquisition earn-out nears full payment
Read → One year later, AI rewrote the integration plan and the earn-out is nearly 100% met.
Thompson Sevilla opens in 2026 with 101 rooms and Casa Mayo restaurant
Read → Thompson Sevilla will transform the former police station in Plaza de la Gavidia into a luxury icon with 101 rooms and Casa Mayo restaurant.
Spain's CNMC Fines Renfe for Blocking Iryo's Access to La Sagra Depot
Read → The CNMC investigates Renfe for denying Iryo access to the La Sagra maintenance depot, a move that could stall competition on high-speed rail.
A family office pays 8.2 million for Murmuri Residence Concepció in
Read → A family office has purchased Barcelona's Murmuri Residence Concepció for 8.2 million euros, advised by Cushman & Wakefield. The asset, operated by Majestic Hotel Group, includes five luxury apartments and a Michelin-starred restaurant. The deal highlights fierce competition for prime locations in the Spanish hotel market, which closed the first half with 2.46 billion euros in investment.
NH Hotels lands in Saudi Arabia with 121 rooms in Riyadh
Read → NH Hotels will open its first hotel in Saudi Arabia in 2030, the NH Riyadh Prime Square Hotel, with 121 rooms in the King Fahd district of Riyadh.
Talgo and Renfe settle differences with 15 variable-gauge Avril trains
Read → The agreement modifies 15 S106 trains to run on variable-gauge tracks, unblocking the project and boosting intercity connectivity.
International tourists are saving Spanish hotels this summer
Read → International tourism grows 2.5% and boosts occupancy in Spanish hotels while domestic demand stays flat.
Booking generates as much value as Belgium's entire economy
Read → A new report reveals that the Booking ecosystem produces annual wealth equivalent to Belgium's GDP, the eighth-largest economy in Europe. A figure that puts the real weight of the OTA giant into perspective.
Balearics blames illegal flats, Ávoris partners with Sony, Booking goes corporate in India
Read → The Balearic tourism minister blames illegal rentals for overtourism. Ávoris partners with Sony Music to create music travel experiences. Booking.com targets corporate travel in India. Airbus confirms the A320 successor will fly by 2035. And hotels debate whether group business actually pays off.
RevPAR up 6% and hotel occupancy at 69% according to CEHAT and PwC
Read → CEHAT and PwC's report forecasts a strong summer and fall for Spanish hotels, with RevPAR up 6% and occupancy at 69%.