Protest: Hotel Sector In Barcelona Lost Eur 50 Million — Photo by tourism-review.com

The hotel sector in Barcelona lost half a million euros of daily revenue per available room (RevPar) during the third quarter of the year due to the Catalan crisis, after growing at a record rate of 16% in the first nine months, according to the results of a data study by STR and Magma Consulting.

"The hotels in Barcelona registered 14 euros less per day per available room, in the third quarter of the year (2017), which in total adds up to a sum of around 50 million euros lost in RevPar in Ciudad Condal, for the third quarter," said Javier Serrano, a representative of STR in the Iberian Peninsula.

In fact, STR's information has pointed out that this decline in revenue only takes RevPar into account, so "the losses in the third quarter in Barcelona may have been higher without including other aspects such as transportation, shopping or tourism activities", Serrano emphasized.

Read the full article at tourism-review.com