The British weather might have taken a not-so-sunny turn but whether you can imagine it right now or not, the summer actually is on its way.
Yep, the countdown to filling beer gardens to cheer on the Euros, standing outside the pubs after work and having barbecues as many times as possible is on.
And with all that are, of course, the holidays, the group chat getaways, the romantic travels in the sun and the party trips to Ibiza.
Although, there’ll be many still scrambling to book trips as they realise that summer holiday they spoke about should be getting closer.
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So, an expert has issued a warning to Brits still looking to book theirs if they were hoping to go to Spain.
Yep, apparently a summer in Spain looks very bad for those who haven’t booked yet’. That’s going to go down well in the group chat, I’m sure.
Economist Gonzalo Bernandos has given this warning following a sharp rise in hotel prices in the country, as well as the popular holiday islands like the Canary Islands and the Balearic Islands.
Bernardos told the Daily Express: “In the first quarter we have set an all-time record in relation to any other year.
“And this is because we were coming from a spectacular year such as 2023. "This resurgence has led to a highly competitive market, particularly benefiting hoteliers.
"The summer looks fantastic for hoteliers.”
So basically, it’s going to be a booming summer for the tourism in Spain and therefore, an expensive nightmare for those who haven’t booked their stay yet.
Bernardos added: “It looks very bad for those who have not already booked a holiday flat or hotel because they are going to pay a lot more for it.”
The expert explained that the popularity has ‘undoubtedly’ got an impact on prices because if ‘supply has increased, demand has increased even more’.
Data published back in January by CaixaBank Research found that Spain had fully recovered from the blow of the pandemic and has already become the world’s leading tourist destination, ahead of France.
In 2023, overnight stays reached a whopping 347 million, up 8.5 percent on 2022 and 1.3 percent up on 2019 – the country’s record year for tourism.
And the price increases reflect that as Spanish hotels recorded an ADR (revenue per occupied room) of 108.90 euros on average last year, about 20 percent higher than in 2019.
Well, better get booking if you’re hoping to get to Spain lads.