In 2020, the revenue of the hotel industry in Spain plunged by around 60 percent versus the previous year's results, after registering increases since at least 2016. However, this Spanish industry is expected to recover rapidly in the following years, with a forecast positive development during the first half of the 2020s.
Percentage change in revenue of hotels in Spain from 2016 to 2020, with a forecast to 2027
Characteristic
YoY growth
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IBISWorld. (February 10, 2021). Percentage change in revenue of hotels in Spain from 2016 to 2020, with a forecast to 2027 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1278223/percentage-change-revenue-hotel-industry-spain/
IBISWorld. "Percentage change in revenue of hotels in Spain from 2016 to 2020, with a forecast to 2027." Chart. February 10, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1278223/percentage-change-revenue-hotel-industry-spain/
IBISWorld. (2021). Percentage change in revenue of hotels in Spain from 2016 to 2020, with a forecast to 2027. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1278223/percentage-change-revenue-hotel-industry-spain/
IBISWorld. "Percentage Change in Revenue of Hotels in Spain from 2016 to 2020, with a Forecast to 2027." Statista, Statista Inc., 10 Feb 2021, https://www.statista.com/statistics/1278223/percentage-change-revenue-hotel-industry-spain/
IBISWorld, Percentage change in revenue of hotels in Spain from 2016 to 2020, with a forecast to 2027 Statista, https://www.statista.com/statistics/1278223/percentage-change-revenue-hotel-industry-spain/ (last visited July 22, 2024)
Percentage change in revenue of hotels in Spain from 2016 to 2020, with a forecast to 2027 [Graph], IBISWorld, February 10, 2021. [Online]. Available: https://www.statista.com/statistics/1278223/percentage-change-revenue-hotel-industry-spain/