ARCHIVED - Hotels in the Region of Murcia are the cheapest in all of Spain
The cheapest average hotel rate in the Murcia Region in December 2022 was 61.90 euros per night
Hoteliers in the Region of Murcia have been making concerted efforts to remain competitive in a market that has been dealt a series of blows over the last couple of years, with establishments in the Mar Menor area, for example, freezing their prices last summer in a desperate attempt to attract foreign and national tourists.
And this week, it was revealed that hotels in the Region of Murcia are the cheapest of all destinations in Spain, according to the 'Hotel Tourism Situation' report published by the National Institute of Statistics.
In December 2022, the cheapest average hotel rate in the Region was 61.90 euros per night, compared to the national average of 99.17, and represents an increase of 4.02% over the same month of the previous year. The national average increase was more than double that at 8.35%.
Taking the whole year into account, the average daily rate of Murcian hotels in 2022 was 67.10 euros, 4% more than the previous year, compared to the national average of 104.70 euros, an increase of 11.9% on 2021.
The profitability per available room in the Region was 36.50 euros, up 24.5% on the previous year, while the national average was 49%, with a whopping profit of 67.80 euros per room.
While the Region's rooms are more competitively priced, the hotel occupancy rate in 2022 was just 48.3%, lower than the national average of 57.6%, and Murcia accounted for a mere 1.8% of the total number of overnight stays by tourists in Spain.
Image: Archive
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