Households drive market demand, with household spending representing 78.6% of total demand in 2021. NH Hotel Group SA is the largest company in Spain, generating 3.7% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 14.0% of total production value in 2021. The total number of companies increases in 2021, to 33,186 units. The costs of the industry increase by 46.9% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 35.7% of turnover in 2021, the highest regionally. With turnover of USD22.8 billion, Spain accounts for 10.0% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Spain: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Spain: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.See All of Our Definitions
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