Atom Hoteles flags Spain tourism demand rebound, hotel RevPAR rises 5.8% in Q2 2026 update
XLRE•Hotel pricing and RevPAR improve
Hotel pricing strengthened, with ADR at €123.7, up 4.2%, while RevPAR rose 5.8% to €88 in May.
Hotel investment activity accelerates
Hotel investment in Spain hit €2.46 billion in H1 2026, up 26.5%, with Q2 volumes accelerating to €1.35 billion.
Four- and five-star assets drew 86% of invested capital, with an average price of €213,300 per room, a record high.
Spain tourism demand and spending strengthen
Atom Hoteles flagged a stronger Spanish tourism backdrop in Q2 2026, with international demand regaining momentum and spending outpacing arrivals.
Inbound tourism reached 54.6 million visitors in H1 2026, up 5%, with June arrivals up 4% year on year.
