Industry Update
Press Release18 November 2019

Horwath HTL Industry Report: Madrid, Spain - Tourism & Hotel Market Analysis

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Horwath HTL

Madrid is more than ever capturing the interest of international hotel investors. The hotel supply pipeline - including many international Upper Upscale and Luxury hotel brands - will significantly change the city's landscape and tourism appeal. For some hotel groups, these projects will be their first hotel in Spain's capital city, a presence that is clearly of great importance in one of the largest cities in Europe. The capital's hotel market is in good shape and it looks like there will be room for further improvement.

Related Document

Horwath HTL Industry Report: Madrid, Spain - Tourism & Hotel Market Analysis

Madrid is more than ever capturing the interest of international hotel investors. The hotel supply pipeline – including many international Upper Upscale and Luxury hotel brands – will significantly change the city’s landscape and tourism appeal. For some hotel groups, these projects will be their first hotel in Spain’s capital city, a presence that is clearly of great importance in one of the largest cities in Europe. The capital’s hotel market is in good shape and it looks like there will be room for further improvement.
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About Horwath HTL

Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects.  If you have any questions, please contact James Chappell, Global Business Director at [email protected].

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