! Murcia Today – Beachfront holiday rentals in Spain are almost 10% more expensive than last year

Publication date: 06/23/2022

Hotel bookings in Spain quadrupled and prices increased by 22.1%

According to Tecnitasa’s ‘Coastal Rental’ report, these prices have risen in recent years, and for many families wanting to holiday in Spain, this means finding smaller properties or moving further inland.

The report shows that Catalonia is the region where rental prices will see the biggest increases in July and August compared to last year, with an increase of up to 15.2% for beachfront properties. At the other end of the scale, Cantabria saw a drop of 0.8%. Likewise, demand for coastal rentals in the Region of Murcia has fallen by half a percent, possibly due to the continued pollution of the Mar Menor.

Tourists hoping to save money by opting for a hotel instead this summer will also be disappointed, as prices for overnight stays across Spain jumped 22.1%.

In May alone, the number of hotel reservations exceeded 29.8 million, quadrupling the figures for 2021.

Despite this strong rebound, overnight stays recorded last month in Spanish hotels are still below the figures for May last year, when 31.9 million rooms were booked. Of the total so far this year, foreign tourists accounted for 19.8 million bookings, with the Balearic Islands again topping the list of most searched destinations, followed by the Canary Islands and Catalonia.

Image: Pixabay

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