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Revenue per available room (RevPAR) for Spanish hotels stands at an average of €125.4 in 2025, 5.5% higher than in 2025
The average price for a night in a Spanish hotel has reached a new all-time high, standing at €166.1 in 2025, up 4.8% from the €158.5 recorded in 2024. Growth has been close to 10% in destinations such as the Balearic Islands, Marbella, Benidorm, and Zaragoza.
Hotel occupancy across Spain in 2025 was 75.5%, 0.7% higher than in 2024, reflecting a move toward positive stability at the upper end of the indicator’s historical range. The highest annual occupancy was recorded in Málaga at 82.4%, followed by the Canary Islands at 81.5%.
Madrid continues to show very strong performance, with ADR increasing by 5.3% and RevPAR by 6.4%, while Barcelona remains stable, with the same occupancy as in 2024 and a very slight decline, of less than 1%, in prices and revenue.
Marta Esclapés • February 02, 2026
Pere Morcillo has been appointed International Partner
The real estate consultancy has promoted Pere Morcillo to International Partner in recognition of his contribution to the development and consolidation of the Industrial & Logistics business line, one of the firm’s strategic sectors.
Jenny Pizarro • January 28, 2026
Square AM acquires Building One of World Trade Center Almeda
The Portuguese investment fund has acquired Building One, corresponding to the first phase of the World Trade Center Almeda Park complex
The transaction was advised by Cushman & Wakefield
The asset, with a surface area of approximately 15,000 sqm, houses Cofidis’ headquarters in Spain
Jenny Pizarro • April 16, 2026
Hotel Investment in Spain Set for a Record-Breaking Year
Investor interest in the hotel sector remains at record levels, supported by the strong fundamentals of Spain’s tourism industry, with the islands accounting for half of all investment recorded so far this year.
According to Cushman & Wakefield’s Investor Beat report, Spain closed the first half of the year with 88 hotel transactions and a total of 12,200 rooms changing hands.
Marta Esclapés • July 13, 2026
Prime Barcelona Aparthotel Sold on Passeig de Gracia
Cushman & Wakefield has exclusively advised on the sale of a tourism-use property located at 13 Passatge de la Concepció, Barcelona, next to Passeig de Gràcia, one of the city's most exclusive and established locations, for €8.2 million.
Jenny Pizarro • July 02, 2026
Strong Consumer Demand Drives Shopping Centre Sales at the Start of 2026
The leisure segment led growth (+33.1%), driven by a strong rebound in cinema attendance.
Footfall also increased, posting a 7.6% rise.
From an investment perspective, the retail sector attracted more than €1.5 billion, marking the strongest start to a year in the last five years.
Marta Esclapés • April 29, 2026
Luis Arsuaga Named Partner in Charge of Capital Markets Hospitality
With over 20 years of hospitality investment experience, Luis Arsuaga joins the leadership team of the firm's hospitality platform in Spain, alongside Bruno Hallé and Albert Grau, reinforcing its presence in the Iberian market.
Jenny Pizarro • April 19, 2026
The logistics market starts 2026 strongly
Madrid recorded more than 310,000 sqm leased during the quarter across 23 transactions, marking the strongest start since Q4 2022, with prime rents exceeding €7/sqm/month.
Barcelona reached 235,000 sqm leased across 21 transactions, one of the best first-quarter performances of the last five years, with prime rents around €9/sqm/month.
Logistics investment in Spain is expected to exceed €1.2 billion throughout the year.
Marta Esclapés • April 15, 2026
Madrid and Barcelona record more than 1million sqm leased
Madrid’s logistics market closed 2025 with a leasing volume of 900,000 sqm and more than 80 transactions. Prime rents stand at €7.00/sqm/month, 4% higher than the previous year.
In Barcelona, logistics leasing reached 570,000 sqm in 2025, spread across more than 40 transactions, in line with the average of the last five years. Prime rents continued their upward trend, reaching €9/sqm/month, up 6%.
Marta Esclapés • February 05, 2026
European real estate enters a new cycle
Spain is consolidating its position as one of the European markets with the greatest growth potential in the logistics and living sectors heading into 2026, with prime logistics rents forecast to increase by 2.2% and residential rents by 5.3%, outperforming other major markets across the continent.
Madrid stands out as one of Europe’s most dynamic retail markets, alongside Milan and Paris.
The country leads capital attraction in the European hotel sector, supported by strong tourism prospects and a context of rising investment volumes, which are expected to exceed €27 billion across Europe in 2026.
Marta Esclapés • January 13, 2026
Spain Aims to Position Itself Among the Top Five Life Sciences Markets in Europe
The country consolidates its leadership with a pharmaceutical industry representing more than 20% of private R&D investment. The report highlights the need to align Spain’s real estate market with the sector’s pace of growth.
Marta Esclapés • May 13, 2026
UDIMA Strengthens Growth with New Madrid Headquarters
Jenny Pizarro • April 07, 2026
