Tourism

Balearics has highest hotel occupancy rate

A record summer season for the Balearics this year.

A record summer season for the Balearics this year. | Sergio G. Canizares

Majorca Daily Bulletin reporter23/09/2015 00:00
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The Balearics had the highest hotel occupancy rate in August of any region of Spain. Figures from the National Statistics Institute reveal that occupancy was 92.9%, which represented an increase of 2.3% in terms of overnight stays compared with August 2014. The volume of foreign tourism rose by a similar percentage and gave 35% of total stays by foreign tourists in Spain. Of the four islands, Formentera stood out, as it had an occupancy rate of 96.6% and an average length of stay of 5.8 days.

The Balearic occupancy rate was some way ahead of the Canary Islands, second with 86.8%, and Valencia with 82.9%. Though the Balearic Islands were the most popular destination for foreign tourists, they ranked only sixth in the preferences of Spanish tourists, whose most favoured destinations were Andalusia, Catalonia and Valencia. 

Hotel prices in the Balearics rose by 5.5% in August, below that of Andalusia, where it was 6.8%, but the RevPAR ratio (average daily revenue per available room) rose by 10.3% to 102.6 euros. This was well above a national figure of 73.1 euros, though this also rose by a similar percentage. 

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