Business travel boom

SPAIN’S corporate travel industry has experienced a remarkable surge according to a report released on Friday, May 12, doubling its revenue in 2022 and setting its sights on surpassing prepandemic figures in 2023. The barometer report by Braintrust for the Spain Convention Bureau estimates a revenue total of more than €12.1 billion for 2023. The report found that more than 80 per cent of business meetings are expected to return to in­person formats during 2023, with

Betty Henderson

IN a display of solidarity with champions of democracy, the Spanish government granted citizenship to 14 Nicaraguan dissidents who were stripped of their nationality by President Daniel Ortega’s administration. The announcement came on Friday, May 12 from the Spanish Foreign Minister, José Manuel Albares, who expressed his hope for the new Spanish citizens and praised their determination.

“Spain is a safe haven for defenders of democracy and liberty,” Albares announced in a tweet, alongside an image of him welcoming the first group of Nicaraguans who will re­ the country’s meeting spaces projected to have an average annual occupancy rate of more than 75 per cent. The report also found that the average daily spending per business traveller reached €335 in 2022, surpassing the 2019 figure of €319. Although affected by inflation, the figure is still a valuable indicator of the sector’s pandemic recovery. Business experts say that the report’s excellent findings are evidence of the value of corporate travel for the Spanish economy.