Hotel and package tour prices increase over 10% in November

In Spain, prices for hotels, hostels, and similar lodgings rose by 13.3% in November year-on-year, while package tours increased by an average of 12%, according to Consumer Price Index data.

In Spain, the cost of hotels, hostels, guesthouses, and similar accommodation services witnessed a 13.3% increase in November compared to the previous year, as per the Consumer Price Index (CPI) data. Package tours also saw a 12% average rise during the same period.

This increase in accommodation prices is slightly lower than in 2022, when there was a 13.7% growth from the previous year. This was the first year after major Covid-19 restrictions were lifted.

Other accommodation types, such as holiday resorts, campsites, and youth hostels, experienced a 5.7% year-on-year price increase in November, which is three percentage points more than the increase recorded in 2022.

Hotel and package tour prices increase over 10% in November.

According to the National Statistics Institute (INE), hotel overnight stays in Spain from January to October increased by 6.5% compared to the same period in the previous year, surpassing the figures of the first ten months of 2019.

Extra-hotel overnight stays rose by 3.9% in the first ten months of the year, 4.6% higher than pre-pandemic levels.

Regarding package holidays, domestic packages saw a substantial 21.4% year-on-year increase in prices, significantly more than international packages, which only increased by 2.7% in November.

In comparison to 2021, 2022’s price increases were more pronounced, with domestic packages rising by 1.5% and international packages by 2.2%.

Scroll to Top