Barcelona hotels report €2.7 billion iover past 18 months

Barcelona’s Hotels Association, the ‘Gremi d’Hotels’, has suffered what it describes as an “extraordinary” drop in prices, leading to around €2.7 billion in losses over the past year and a half since the pandemic hit.

At the moment, only 60% of the Catalan capital’s hotels are open. Occupancy rates amongst those that have opened are far lower than pre-Covid levels: 30% in June, 55% in July, and 65% in August.

There are now, on average, 13,000 people per night in Barcelona’s hotels, far fewer than the 60,000 around the same time in 2019.

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