Hospitality Industry in Spain Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Spain's Hospitality Industry Analysis, Which is Segmented by Type (Chain Hotels and Independent Hotels) by Segment (Service Apartments, Budget, and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Report Offers Market Size and Forecasts for the Hospitality Industry in Spain in Value (USD) for all the Above Segments.

Hospitality Industry in Spain Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Spain Hospitality Market Size

Hospitality Industry in Spain Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 27.68 Billion
Market Size (2030) USD 32.31 Billion
CAGR (2025 - 2030) 3.14 %
Market Concentration Medium

Major Players

Hospitality Industry in Spain Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Hospitality Industry In Spain with other markets in Hospitality and Tourism Industry

Travel and Tourism

Hospitality

Spain Hospitality Industry Analysis

The Hospitality Industry In Spain Market size is estimated at USD 27.68 billion in 2025, and is expected to reach USD 32.31 billion by 2030, at a CAGR of 3.14% during the forecast period (2025-2030).

Spain is the fourth most visited nation in the world. The Spanish tourism sector is expected to continue to play a major role in the country's economic development in the upcoming years. However, due to the macroeconomic uncertainty, high price pressure in the tourism industry, and a decrease in long-distance tourism, it might take some time for international tourism to return to the pre-pandemic levels.

The hospitality sector is booming due to the growing establishments of new hotels in the country. The number of luxury and high-end hotels has grown significantly in recent years. Last year, the Spanish tourism industry saw a 130% increase in international visitors as travelers returned to the country after two years of strict travel restrictions. Despite a decrease in disposable income in many European countries during the past year, shoppers continued to splurge on travel.

Returning to business travel in Spain after the pandemic, international business travel increased by 48% in the first three months of the current year compared with the same period in the previous year. Since the start of the year, business travel has been steadily picking up. The Spanish economy, which has bounced back strongly from the effects of the energy crisis, grew by 0.5 % in the first quarter of the year.

The hospitality industry is expanding rapidly and is registering significant growth. Further, a shift in developments from urban regions to locations that are nearer to islands is observed, representing changing interests in customers' preference for more relaxed experiences in travel and stay. The upper-upscale and luxury categories have registered more growth in recent times.

Spain Hospitality Industry Overview

The hospitality industry in Spain is characterized by a mix of domestic and international players, resulting in a consolidated market. Many hotels are strategically positioned in locations favored by tourists. The region experiences a robust demand for hotels, slightly outpacing the available supply. Additionally, with supportive government policies, the area presents an appealing investment opportunity.The international brands and their chain penetration rates have reached stabilization as different domestic and European-born brands dominate the market. The opportunities for international chain penetration and growth are limited, yet they hold a scope with brand tie-ups or in collaboration with smaller domestic hotels. Major players in Spain are Marriott International, Meliá Hotels International, Barceló Hotel Group, Eurostars Hotel Company, and NH Hotel Group.

Spain Hospitality Market Leaders

  1. Meliá Hotels International

  2. Barceló Hotel Group

  3. Eurostars Hotel Company

  4. Marriott International

  5. NH Hotel Group

  6. *Disclaimer: Major Players sorted in no particular order
Spain Hospitality Industry Concentration
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Spain Hospitality Market News

  • In December 2023, Hotel group Meliá, Spain's largest hotel group and Europe's third largest hotel group expanded its luxury brands around the world with one in every three of its planned pipeline openings under its luxury brands. From Europe, Africa, and Central America to the world's most captivating destinations, Spain's leading hotel group brings its Spanish hospitality to all corners of the globe with each development delivering luxury experiences responsibly.
  • In November 2023, Hotelbeds, a subsidiary of HBX Group, entered into a strategic distribution agreement with Barceló, a luxury hotel group based in Barcelona, Spain. The strategic distribution agreement expanded Hotelbeds’ accommodation portfolio and extended the reach of the luxury hotel group’s Barceló brand throughout Europe, the Mediterranean, and Africa, opening up new possibilities for travellers. By partnering with Hotelbeds, Barceló added 130 of its hotels, spread across 15 countries, to Hotelbeds’ hospitality preferred portfolio.
  • In April 2023, Minor Hotels, one of the world’s largest hotel owners, operators, and investors, with over 530 hotels spread across 56 countries across Asia Pacific, Middle East, Africa and the Indian Ocean, as well as in Europe, South America, and North America, announced the expansion of its lifestyle brand for millennial-focused travellers: avani hotels & resorts in Europe. Avani Hotels is designed for guests who value service, style, and value. The brand is known for its functional design and distinctive service offerings.

Spain Hospitality Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS AND DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Dynamics
    • 4.2.1 Market Drivers
    • 4.2.1.1 Favorable Government Policies and Regulations
    • 4.2.1.2 Rise in the Number of Hotels/Restauarnts in the Market
    • 4.2.2 Market Restraints
    • 4.2.2.1 Stringent Rules and Regulations for International Tourists
    • 4.2.2.2 Lack of Trained and Skilled Professionals
    • 4.2.3 Market Opportunities
    • 4.2.3.1 Technological Advancements in Spain Hospitality Industry
    • 4.2.3.2 Wellness Tourism is Forecasted to Grow in the Future
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Customers/Buyers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Insights on Revenue Flows from Accommodation and Food and Beverage Sectors
  • 4.5 Leading Cities in Spain with Respect to Number of Visitors
  • 4.6 Investments (Real Estate, FDI and others) in the Hospitality Industry
  • 4.7 Technological Innovations in the Hospitality Industry
  • 4.8 Insights on Shared LIving Spaces Impact on the Hospitality Industry
  • 4.9 Insights on Other Economic Contributors to the Hospitality Industry
  • 4.10 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Chain Hotels
    • 5.1.2 Independent Hotels
  • 5.2 By Segment
    • 5.2.1 Service Apartments
    • 5.2.2 Budget and Economy Hotels
    • 5.2.3 Mid and Upper Mid Scale Hotels
    • 5.2.4 Luxury Hotels

6. COMPETITVE INTELLIGENCE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Melia Hotels International
    • 6.2.2 Barcelo Hotels International
    • 6.2.3 Eurostars Hotel Company
    • 6.2.4 Marriott International
    • 6.2.5 NH Hotel Group
    • 6.2.6 H10 Hotels
    • 6.2.7 Accor Hotels
    • 6.2.8 Wyndham Hotels Worldwide
    • 6.2.9 Thomas Cook
    • 6.2.10 IHG*
  • *List Not Exhaustive
  • 6.3 Loyalty programs offered by Major Hotel Brands

7. MARKET OPPORTUNTIES AND FUTURE TRENDS

8. DISCLAIMER

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Spain Hospitality Industry Segmentation

Hospitality is a broad term that encompasses all aspects of the service industry, namely lodging, food and beverage, event planning, theme parks, travel agencies, tourism, hotels, restaurants, and bars. The hospitality industry in Spain is segmented by type and by segment. By type, the market is segmented into chain hotels and independent hotels. By segment, the market is bifurcated into service apartments, budget and economy hotels, mid- and upper-mid-scale hotels, and luxury hotels. The report offers market size and forecasts for the hospitality industry in Spain in terms of value (USD) for all the above segments.

By Type Chain Hotels
Independent Hotels
By Segment Service Apartments
Budget and Economy Hotels
Mid and Upper Mid Scale Hotels
Luxury Hotels
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Spain Hospitality Market Research FAQs

How big is the Hospitality Industry In Spain Market?

The Hospitality Industry In Spain Market size is expected to reach USD 27.68 billion in 2025 and grow at a CAGR of 3.14% to reach USD 32.31 billion by 2030.

What is the current Hospitality Industry In Spain Market size?

In 2025, the Hospitality Industry In Spain Market size is expected to reach USD 27.68 billion.

Who are the key players in Hospitality Industry In Spain Market?

Meliá Hotels International, Barceló Hotel Group, Eurostars Hotel Company, Marriott International and NH Hotel Group are the major companies operating in the Hospitality Industry In Spain Market.

What years does this Hospitality Industry In Spain Market cover, and what was the market size in 2024?

In 2024, the Hospitality Industry In Spain Market size was estimated at USD 26.81 billion. The report covers the Hospitality Industry In Spain Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hospitality Industry In Spain Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Hospitality in Spain Industry Report

Statistics for the 2025 Hospitality Industry In Spain market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hospitality Industry In Spain analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.