The group is adding three new properties to Madrid, Bilbao and Seville. Italy also remains a key target market, with Radisson Hotel Group bringing three new properties and 550 rooms to Milan and Rome.
Existing building will be converted into a typical MEININGER Hotel
Figures released in July pointed to 2019 being another boom year for the industry, with tourist arrivals during the first six months 20% higher than the same period last year. Hoteliers have continued to report exceptionally high occupancy during the remainder of the summer, particularly in the countrys burgeoning luxury market.
Hyatt Hotels Corporation (NYSE: H) announced today the opening of the fully renovated, 169-room Hyatt Regency Hesperia Madrid, marking the Hyatt Regency brands entry into Spain.