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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
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
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
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
Bonaire Shopping Centre Enters a New Management Phase
The centre, owned by Castellana Properties, is one of Spain’s most significant retail assets.
Bonaire offers nearly 55,000 sq m of retail space and maintains an occupancy rate of close to 98%.
Ignacio Pámpanas has been appointed as the new Manager of Bonaire Shopping Centre.
Jenny Pizarro • May 05, 2026
Education Emerges as the Fastest-Growing Segment in Real Estate
Take-up has reached approximately 50,000 sq m in Madrid and Barcelona, with more than 20 transactions completed annually. Since 2020, activity has quadrupled, reflecting a clear upward trend following the pandemic.
Growing demand, internationalization, and digitalization are driving the evolution of campuses and the emergence of new asset formats.
Madrid and Barcelona account for more than 60% of total investment. However, cities such as Valencia, Bilbao, Seville, and Málaga are gaining prominence as new university and technology hubs.
Marta Esclapés • June 04, 2026
Logistics leasing surpasses one million square metres in the first half of 2026
Madrid exceeded 600,000 sq m of leased space, while Barcelona surpassed 480,000 sq m, driven by strong demand for high-quality logistics facilities.
Logistics investment in Spain is expected to exceed €1.5 billion by year-end, with the potential to become the sector’s strongest-performing year since 2021.
Marta Esclapés • July 28, 2026
BDO Expands in Barcelona at Reale Immobili’s VA254 Building
The transaction was advised by Cushman & Wakefield.
Located at Via Augusta 254, the building is considered one of the most iconic assets along this business corridor, both for its architectural features and its excellent connectivity with the rest of Barcelona.
Jenny Pizarro • May 28, 2026
Madrid and Barcelona Maintain Their Competitiveness as Office Destinations in Europe
In 2026, average fit-out costs stand at €1,124/sq m in Madrid and €1,186/sq m in Barcelona, representing year-on-year increases of 3.8% and 4.2%, respectively, compared with 2025.
Marta Esclapés • May 12, 2026
Grade A Office Shortage Drives Prime Rents in Madrid and Barcelona
Madrid recorded 190,000 sq m of office take-up in the first half of the year, while Barcelona reached 195,000 sq m.
Limited availability of top-quality office space continues to put upward pressure on prime rents, which have reached €44/sq m/month in Madrid and €31.75/sq m/month in Barcelona.
Marta Esclapés • August 03, 2026
Ford Models Relocates Its Barcelona Offices to the Historic Casa de les Punxes
Jenny Pizarro • July 08, 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
