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Qatar fund buys Barcelona’s Renaissance Hotel for €78.5 million

February 3, 2014 07:54 PM | ACN

An investment fund from Qatar has bought the Hotel Renaissance, located in the Eixample neighbourhood of the Catalan capital. Inici del formulariAccording to La Vanguardianewspaper, the transaction was closed at the price of €78.5 million. The Marriott Group will continue running the establishment as the agreement provides for a long-term management, but the Qatari buyer will participate in the most strategic decisions. The hotel passed from having four-stars when it belonged to AC Hotels, to five stars, after being purchased by the Marriott Group. Its workforce expanded considerably to reach a hundred employees after its re-opening in March 2012. The hotel features 211 rooms and had an average occupancy of 67 % during its first opening year.

Foreign tourists spent 13.4% more in Catalonia in 2013

January 27, 2014 07:39 PM | ACN

Last year, Catalonia was the leading Autonomous Community in Spain for foreign tourism spending, which generated €14.02 billion, 13.4 % more than in 2012, according to the Tourist Expenditure Survey (EGATUR) of the Spanish Ministry of Industry, Energy and Tourism. The average spending per stay in Catalonia amounted to €903 per foreign visitor, 4.9% more than in 2012, while the daily spending was set at €120 per person, 1.4 % more than the previous year. Catalonia accounted for 23.7 % of foreign tourism spending in Spain, which reached €59.08 billion. Besides, tourism spending grew more in Catalonia than in any other Autonomous Communities in Spain and is well above the Spanish 9.6 % average increase over the previous year.

Number of overnight stays in Catalan hotels up by 2% in 2013

January 24, 2014 07:30 PM | ACN

According to the Spanish Statistics Institute (INE), the 49.26 million overnight stays registered in 2013 amounted to a 1.82% increase on the previous year, thanks to a 5.34% rise for foreign guests. On the other hand, due to the economic crisis, the number of overnight stays for Spaniards fell by 6.82%. The number of visitors who stayed in one of Catalonia’s 2,122 hotels in 2013 reached a total of 16.240 million people, an increase of 0.02 % over 2012. The number of foreign guests also increased, by 3.62 %, while the number of Spanish visitors fell by 5.66 %. Catalan hotels registered a 55.55% occupancy rate, above the 55.51% posted in 2012.

Catalonia welcomed 15.6 million foreign tourists in 2013

January 21, 2014 07:07 PM | ACN

In 2013, Catalonia was the first tourist destination in Spain. It received15.6 million foreign visitors, meaning 25.7 % of the total number of international tourists in Spain (one in four). The figure represents an 8% increase over the previous year. The Balearic Islands were in second place, welcoming over 11 million tourists (18.3%), a 7.2% increase. The Catalan Minister for Business and Employment, Felip Puig, stressed that tourist spending also increased significantly, generating €14.2 billion in 2013, that is to say 14% more than the previous year. At Spanish level, the number of foreign visitors reached a new record: Spain welcomed 60.6 million tourists in 2013, making it the third favourite travel destination in the world, behind France and the United States.

Foreign population in Catalonia decreases by 2.4% in 2013

January 18, 2014 04:19 PM | ACN

There were 7,553,650 people living in Catalonia in January 2013, meaning 0.23% less than the same time last year, according to the Spanish Statistics Institute (INE). Out of this population, 1,158,472 people, which is to say 15.34 % came from other countries, including European Union Member States. This foreign population has decreased by 28,307 people, representing a 2.38% drop on 2012 figures. The latest INE data indicates that the average age of foreigners is well below that of Spanish natives. Consequently, the average age of all residents amounts to 41.50 years, while it reaches 43.19 for the Spanish-born population and drops to 32.19 for foreigners.

Volkswagen to decide whether Catalonia will produce SEAT's new SUV

January 14, 2014 08:36 PM | ACN / Esther Romagosa

In the coming weeks, the management of Volkswagen Group should decide where to produce its latest SUV model, designed in the SEAT Technical Centre in Martorell (Greater Barcelona) and featuring two versions, one for the Catalan brand and the other one for Skoda. The President of the SEAT Workers Committee in Martorell, Matias Carnero, argued that the Catalonia-based factory was the most competitive to produce the vehicle. These past weeks, some sources have asserted that Martorell’s main rival, the Skoda plant in the Czech Republic, would ultimately be chosen. Indeed, it is believed that the President of SEAT Jürgen Stackmann hinted at such a fact in several internal meetings. However, Matias Carnero insisted that the Martorell factory had never been completely ruled out.

Record 35.2 million passengers at Barcelona El Prat Airport in 2013

January 10, 2014 07:40 PM | ACN

Barcelona’s El Prat Airport has ended 2013 strongly to reach a new record of 35.2 million passengers, amounting to a 0.2% increase over the previous year in a context of economic crisis. According to figures released by the Spanish Airport Authority (AENA), in December 2013, 2.3 million passengers transited through El Prat, meaning 5.3% more than during the same month last year. On the other hand, Madrid’s Barajas Airport continues on a downward trend, with its yearly number of passengers dropping to 39.7 million, an 11% decrease. Girona Airport, the second largest in Catalonia, has registered negative figures for the fifth consecutive year. However, this latest decrease has been more moderate (-3.8 %) than during previous years and in 2013 it received 2.74 million passengers.

5 million overnight stays in Lloret de Mar in 2013

January 10, 2014 07:28 PM | ACN

In 2013, in terms of occupancy rates, the town of Lloret de Mar (Costa Brava, north-eastern Catalonia), is the second tourist destination in Catalonia, behind Barcelona, and the fifth in Spain. According to data published by the Spanish Statistics Institute (INE), Lloret de Mar registered 4,989,836 overnight stays during 2013. Foreign tourists were an overwhelming majority, accounting for 4,310,537 of these stays. Besides, between January and December, the town surpassed one million tourists, with a majority of foreign visitors, from France (203,400 people) , Germany (124,000), Russia (107,600) and the United Kingdom (84,800).

Catalan independence is not a democratic option –says Spanish Government report

December 30, 2013 02:45 PM | ACN

The Spanish Government has written a 210-pages document to brief its staff and diplomats abroad on the arguments opposing the Catalan Government’s plans to hold a referendum on independence in 2014. The document argues that “it is inappropriate to talk about a democratic principle” when discussing the possibility of Catalan independence. The text, seen by Spanish newspaper ‘El País’, claims that independence would certainly imply an “economical decline” and would put to an end the “Catalan European vocation”. Sources from the Spanish ministry of Foreign Affairs have confirmed to the CNA the existence of such a document but explained that it is for “internal use” only. According to the sources, it is “usual” to send reports dealing with such “specific issues”.

14.8 million foreign tourists visit Catalonia between January and November

December 23, 2013 08:25 PM | ACN

In the first eleven months of 2013, Catalonia has been the favourite destination in Spain for international visitors. Indeed, 14,838,018 foreign tourists have travelled to Catalonia during this period, meaning 25.8 % of the total number of international visitors in Spain. This represents an increase of 7.4% over the same period in 2012. In November, Catalonia has welcomed 836,654 foreign tourists and has only been surpassed by the Canary Islands (1,073,759). Stays in hotels have also registered an upward trend: they have increased by 8.6% at Spanish level this month and by 4.1% in Catalonia. The majority of these foreign tourists come from France, the UK, and Germany while the number of visitors from Russia and Belgium has also increased significantly.

Experts suggest increasing cooperation between an independent Catalonia and Spain

December 20, 2013 09:21 PM | ACN

The Catalan Government’s Advisory Council for the National Transition (CATN), formed of renowned independent experts, emphasised that Catalonia’s independence from Spain would not represent breaking their affective and historical bounds. Furthermore, they insisted on the need to continue and even to increase cooperation “based on a new principle of equality and mutual respect between both parties”. They have suggested different ways to cooperate, through different structures. For instance, they proposed the creation of the ‘Iberian Council’ bringing together Catalonia and Spain, as well as Portugal and Andorra if they wished to, which would mirror the Nordic Council or the Benelux. Furthermore, the CATN issued three other reports, including a detailed analysis of Catalonia’s tax agency.

Italian and German investment funds buy two Catalan Government buildings

December 20, 2013 08:42 PM | ACN

The Catalan Government put 4 buildings up for auction this Friday, following a plan to rationalise the spaces it uses, reduce spending and increase revenue in order to reduce public deficit. The headquarters of the Catalan Finance Ministry, located in a 8,000 square metre Art-Nouveau building in Barcelona’s Rambla Catalunya, has been bought by an Italian pharmaceutical company through FINAF 92 for €23.2 million. The other building, with a surface of 7,200 square metres, was used by the Catalan Police and is located in front of Barcelona’s Ciutadella Park. It has been bought by the German hotel company MO Düsseldorf Immermannstrasse GmbH & CO. KG for €14.1 million. On Thursday, the Catalan Government announced a plan to reduce its office space by 45% in the coming year by concentrating services. The plan includes selling the most attractive buildings.

American KKR investment fund buys 49.9% of PortAventura

December 5, 2013 08:12 PM | ACN

Italian Investindustrial has sold 49.9 % of its stake in PortAventura amusement park to KKR, a US investment fund. With this operation Investindustrial has incorporated a long-term partner in the project, while making sure to be the majority shareholder with 50.1 %. The transaction will be effective in January 2014 and is only awaiting regulatory approvals. In the long-term strategy, PortAventura is looking for other agreements to broaden the range of leisure activities and develop further at international level. A few weeks ago it was made public that Investindustrial would join the BCN World project by building and managing 3,000 hotel rooms. Besides, it has been announced that the Cirque du Soleil would give daily shows in PortAventura from the summer of 2014.

Indian car company to invest €30 million in Catalonia

November 26, 2013 07:07 PM | ACN / Rafa Garrido

Samvardhana Motherson Peguform, which produces components and materials to build cars, has announced a €30 million investment in Catalonia, during the business trip of a delegation led by President of the Catalan Government Artur Mas. The Samvardhana Motherson Group, based in Noida, already owns 4 factories in Catalonia, from the former German company Peguform – which was purchased in 2011 by the Indian multinational. €25 million will be invested in rebuilding and enlarging its Polinyà plant, in Greater Barcelona, which produces car paint and was accidentally burned last September. The remaining €5 million will be allocated to upgrading its Ripollet plant, also based near the Catalan capital. In fact, Barcelona is one of the main hubs in Europe in the car industry, with several manufacturing companies building vehicles and components.

Hong Kong telecomm company opens its European offices in Barcelona

November 25, 2013 07:24 PM | ACN

The telecommunications company Cronos Group, based in Hong Kong, is opening its European offices in Barcelona to offer services throughout the continent and worlwide. According to the Catalan Ministry of Business and Employment, the company is expected to create 25 new jobs in the first year operating from the Catalan capital. Currently 10 people are already working in Cronos’ Barcelona offices. The project received the assistance of the Catalan Government’s programme ‘Invest in Catalonia’, which focuses on attracting foreign investment and international business. Cronos’s Managers explained they have decided to settle in Barcelona because it had become the world capital of the mobile phone and of telecommunications, since each year it organises the main international event in this sector. Furthermore, Cronos Group praised the talent and skills of Catalan workers.