Hotel rooms at record prices in the province of Malaga


Hotel rooms at record prices on the Costa del Sol: In July, the prices of hotels on the Costa del Sol rose to the highest level ever. Even with the 24.5% price increase, there were more bookings last month than in July 2019, the last record visitor year.

It was a historic July for hotels on the Costa del Sol: more tourists, longer stays, increased occupancy, higher prices, and increased profits compared to the previous best month of July 2019.

TOURISM IS AT A HISTORICAL PEAK IN MALAGA PROVINCE

According to figures just released by Spain’s National Institute of Statistics (INE), local hotels booked three percent more than before the Covid-19 outbreak, with visitors keen to choose Malaga province, despite prices rising to record highs.

Last month, the average hotel night cost 167 euros in the province of Malaga, 24.5% higher than in the pre-pandemic period and five percent higher than last year. This number exceeds the national and Andalusian regional average, and hotel rooms are sold at record prices.

RECORD OF HOTEL ROOMS: BOOKINGS ALSO IN HIGHER ROOM CATEGORIES

The reality behind the statistical numbers is even more shocking for an average tourist: in July, for example, there was only one free room in the Hotel Puente Romano, which was offered for €4,500 per night. Unsurprisingly, this also sold out. If we look for it near the end of the season, there are already available rooms and suites, browsing the prices we can find accommodation with breakfast from €1,200 to €6,900 for 2 people.

Source: SurInEnglish

record price, Malaga, Costa del Sol

Nobu Hotel Marbella opened its doors 6 years ago

NUMBER OF VISITORS

All visitor data also confirms that the appeal of the Costa del Sol is stronger than ever.
Local hotels welcomed 693,528 guests in July, who spent 2.58 million guest nights in southern Spain, of which more than 1.7 million were foreign tourists. This number proves that international tourism has fully recovered after the epidemic and broke the record in July 2019.
Utilization of hotels—a record ratio of released hotel rooms compared to all available rooms—in July was slightly behind in 2019, but it is important to note that more hotels are operating now than before the pandemic. The occupancy in July this year was 80.9%, while in the same period in 2019 it was 81.6%.
The Association of Hotel Owners of the Costa del Sol (Aehcos) predicts hotel occupancy will exceed 86% in August.

RECORD PRICE OF HOTEL ROOMS – RECORD NUMBER OF VISITORS

“International tourism, which accounts for 60% of all demand in August, has recovered significantly compared to the 2022 level, while domestic tourism has fallen compared to 2021 and 2022,” the association said.
In Andalucia, the Costa del Sol leads tourist activity, accounting for almost 39% of all guest nights in the region’s eight provinces. Andalusian hotels received a total of 2.1 million guests in July, representing an increase compared to the same month of the previous year.
The regional Ministry of Tourism, Culture, and Sports explained that “again, the growth of the foreign market is responsible for this increase: the number of international guests increased by 11%, and they spent the same number of guest nights”.
Regional Tourism Minister Arturo Bernal said that the data show that Andalucia “continues to experience strong growth, especially thanks to the upswing in the international market.”

ANDALUSIA, HOTEL ROOMS ARE BOOKED IN RECORD NUMBERS

He pointed out that between January and July this year, 11.3 million visitors and 30.2 million guest nights were registered in Andalusian hotels, an increase of nearly nine percent compared to the previous year.
According to the forecast of the Andalusian Regional Government (Junta de Andalucía), between August and October this year, the average will increase by 4% compared to last year. The forecast predicts a total of 48.5 million guest nights, which is 7% higher than in the same period of the previous year when applied to Andalusia.

THE MALAGA AIRPORT TOOK A TOP POINT THIS SUMMER

July was a record month for Malaga Airport. Almost 2.5 million people visited the airport in one month, the highest monthly number of passengers since the airport opened. In 2023, 12.5 million passengers have used Malaga Airport so far.
Passenger numbers continue to increase at Andalusia’s airports. A total of 3.4 million passengers visited the region’s airports. One hundred thousand passengers used Jerez airport. Seville airport reported 677,000 passengers, 93,000 at Granada airport, and 98,000 at Almeria airport.
Source: Olivepress

THE NUMBER OF PRIVATE AIRPLANE DOUBLE

According to data from airport sources, there were 1,300 non-commercial flights (takeoffs and landings) in July 2023, almost double the number of the same month last year. This means an average of 40 aircraft movements per day.
Juan José Román, who heads a division of United Aviation, a company operating at Malaga airport, said that most customers come from the Persian Gulf countries. Some customers also bring the largest executive jets, which are commercial jets usually used to transport passengers but converted for private use. The Boeing 787 is the most commonly used, although private jets fly the Boeing 737 or similar-sized Airbuses. The number of planes carrying passengers from Scandinavian countries has also increased significantly.
So the world’s wealthy don’t spare money if they want a lovely vacation in southern Spain: renting a private plane can cost from 17,000 euros to 150,000-250,000 euros per trip, depending on the type of plane and the distance. Moreover, many people are already arriving at their property, as the construction and sale of luxury real estate have set historical records in the past period