Spain's hotels may have to sell up in order to survive Covid-19 crisis

Spain's hotels may have to sell up in order to survive Covid-19 crisis
Sunbathers in Mallorca 

Spanish hotels, blighted by empty beds during the pandemic, may find their best way out of the crisis is to sell up or buy rivals, industry officials have said.

“There are going to be op portunities to sell and the hotel chains are going to be very attentive to that,” said Javier Jimenez, head of Spain’s Association of Hotel Directors in the Costa Blanca region, which includes the resort towns of Benidorm, Denia and Torrevieja.

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