May augur good figures of occupation and improvement of the profitability of the establishments gallegos for this summer

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May augur good figures of occupation and improvement of the profitability of the establishments gallegos for this summer

In the first five months of the year Galicia received 1.3 million tourists

With an increase of 2.5% in the percentage of travelers and 5.6% in overnight stays compared to May last year, and an improvement in the average stay, Galicia recorded good figures in May of this year and achieves A historic maximum of travelers in the first five months of the year with 1.3 million tourists. In addition, May ended with the highest number of hotel accommodations in its history, which touched the 400 thousand travelers and 680 thousand nights, a figure contributed by foreign tourists, with its maximum, and the national market, with the figure Of nights highest of the last seven years. This is evidenced by the data published in the Survey of Hotel Occupation of the National Institute of Statistics (INE), which confirm the upward trend that is occurring in the community.

During the first five months of the year, both the number of travelers staying in Galician hotels and overnight stays improved by 6% and 7.3%, respectively, compared to the same period in 2016, a rise that affected Both in domestic tourism and in national and international tourism. Domestic tourism grew by 3.1% in the number of overnight stays and 2.6% in the number of travelers staying, to 416,000, the highest rate since 2008. National tourism also shows a positive behavior, with an 8 , 5% more overnight stays and 7.2% more tourists, the highest figure of the last seven years.

Meanwhile, international tourism has returned to historic peak demand, with more than 584,000 nights and 360,000 travelers staying. This represents growth of 10.7% in the first and 8.3% in the second in relation to the same period of 2016. The best relative performance of international tourism allows it to gain market share in Galicia and to represent 24.7% Of the total demand in the first five months of 2017, which is a historical maximum.

Finally, the combination of the increase in demand figures and occupancy levels with the growth of hotel prices also led to an improvement in the profitability levels of the establishments that increased. In May 5% to 55.16 euros. This allowed hotels to enter for each quarter 22.18 euros, 10% above the profitability of 2016 and at the same level as the pre-crisis figures.

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