HVS | Market Intelligence Report | Madrid

This article sets out to give the reader a picture of the Madrid hotel market up to the end of 2008 and our view on current tourism and hospitality trends and tendencies. The overall health of Spain's economy is under considerable pressure from the current economic climate. According to the Economist Intelligence Unit (EIU), Spain will face difficulties until at least the end of 2009 in recapturing the same degree of public support that existed...