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Bumper year for tourism as cash flows in
TOURIST industry body
Exceltur says that the sector has ‘totally recovered’ after the Covid pandemic and has predicted a bumper year for revenues.
Exceltur’s Tourism Outlook report says the sector’s GDP reached €159 billion in 2022 - up 1.4% on the previous year and 4.7% on 2018. The report adds that 61% of economic growth in Spain last year was down to tourism.
Exceltur says the first quarter of 2022 was marked by
Just Grand
THE Grand Hyatt group will open its first hotel in Spain following a franchise agreement with the La Manga Club and Resort in Murcia
The complex is at present closed for significant renovations, and the well-established 192-room resort property will relaunch as the Grand Hyatt La Manga Club and Resort this spring.
Grand Hyatt claims La Manga’s facilities set a benchmark for sport in the Murcia region.
They include three championship level 18hole golf courses; outdoor tennis facilities; and the La Manga Club Football Centre
By Alex Trelinski
higher energy prices and problems with supplies due to the war in Ukraine, as well as the Omicron Covid variant, but that from April there was a travel recovery, especially in the leisure, meetings and congresses sectors.
The body believes that accumulated demand and the desire to travel have overcome the adverse effects on