Overnight stays in Spanish hotels registered their biggest fall in 15 months in October after the bankruptcy of Thomas Cook

Overnight stays in Spanish hotels fell 2% in October compared to the same month last year, the largest year-on-year fall since July 2018, to add up to 30.5 million, according to data released Friday by the National Statistics Institute (INE ).

This decline, the second consecutive after September, occurs after British tour operator Thomas Cook declared bankruptcy during the last week of September, which caused a crisis in the tourism sector.

The interannual decline in overnight stays in October is due to a 5.6% drop in overnight stays by Spaniards and a 0.5% decrease in those made by foreigners.

The average stay decreased 3.6% in the tenth month of the year compared to the same month of 2018, standing at 3.1 overnight stays per traveler.

In the first ten months of the year, overnight stays in Spanish hotels increased 0.9% compared to the same period of 2018.

FOREIGN NIGHTS IN CANARY ISLANDS AND BALEARICS

Andalusia, the Valencian Community and Catalonia are the main destinations of travelers resident in Spain in October, with annual variation rates of -9.4%, -2.8% and -10.3%, respectively.

On the other hand, the main destination chosen by non-resident travelers was the Balearic Islands, with 25.3% of the total overnight stays. In this Community, overnight stays fell 2.5% compared to the same month of the previous year.

The following destinations for non-residents were the Canary Islands, with 23.2% of the total overnight stays and a decrease of 8%, and Catalonia, with 17.9% of the total and an increase of 4%, despite protests over the sentence of the process. Both the Canary Islands and the Balearic Islands have been the most affected by the bankruptcy of the British tour operator.

OCCUPATION FALLS 2.3%

Hotel occupancy decreased 2.3% compared to the same month of 2018, to 58.6% of the places offered. In the weekend, the occupancy rate by places fell 2.7%, to 66.2%.

The Canary Islands presented the highest occupancy rate by places during October (71.9%). They are followed by the Community of Madrid (65.3%) and the Balearic Islands (62.7%).

By tourist areas, the south of Gran Canaria reached the highest occupancy rate (77%), while the coast of Guipúzcoa achieved the highest weekend occupancy (84%). The Island of Mallorca registered the highest number of overnight stays, with 4.6 million.

The tourist sites with the most overnight stays were Madrid, Barcelona and Benidorm. For its part, Adeje recorded the highest occupancy by places (79.4%) and Seville the highest occupancy at the weekend (84.4%).

THE GERMAN MARKET FALLS 11.8% AND THE US GROWS 17.3%

Travelers from the United Kingdom and Germany accounted for 26.1% and 21.6%, respectively, of the total overnight stays of non-residents in hotel establishments in October. Although the British have a variation rate of 0.9%, German travelers have fallen 11.8%.

Overnight stays of travelers from France, the Netherlands and the United States, following issuing markets, registered annual rates of -3.5%, -6% and 17.3%, respectively.

On the other hand, the annual rate of the Hotel Price Index (IPH) stood at 1.5% in October, which is 0.1 points less than that registered in this month of 2018.

By autonomous communities, the highest increases in hotel prices occurred in the Autonomous Community of Navarra (4.4%). By categories, the largest price increase occurred in establishments with three and two silver stars (4%).

The average daily turnover of the hotels for each room occupied (ADR) was 85.8 euros, 2.3% more than a year earlier, while the average daily income per available room (RevPAR), which is conditioned by the Occupancy registered in the establishments, reached 57.1 euros (+ 0.9%).

By categories, the average turnover was 184.3 euros for five-star hotels, 91.5 euros for four-star hotels and 66.8 euros for three-star hotels. The income per available room for these categories was 133.7, 67.5 and 45.1 euros, respectively.