Madrid’s hotel supply has been increasing in quality, with 1,800 new rooms in the pipeline, half of which will be 5* or Luxury 5*. In Barcelona, the last hotels that were approved prior to the moratorium are now beginning to open for business.
Hotel investment was much greater in Madrid than in Barcelona during 2017. So far this year, investment in both cities has been focused on portfolio deals, while property acquisitions for conversion to hotel use are being slowed down by new planning regulations. Find out more about the 5 key areas of the hotel market in both cities.