Page 112 - economic report 2021
P. 112
Chart 12.7
BUSINESS ACTIVITY - HOTEL SECTOR
Balance: Dif erence between opposing responses (posit ve and negat ve), as a percentage.
Source: Chamber of Commerce, Industry and Services of Andorra.
for the number of establishments, the reduction was spread throughout the parishes, but the
most affected was Escaldes-Engordany with four fewer establishments.
As for categories of tourist accommodation, The number of beds in 4-star
the only category that increased the number establishments increased.
of beds in 2021 was 4-star (1.2% more than
in 2019). If a long-term analysis is made, it
indicates that the beds included in the higher category (4 and 5 stars) went from 50% of beds
offered in 2014 to 56% in 2021, an unmistakeable sign of the sector’s bias on quality and the
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goal to attract clients with higher purchasing power. On the other hand, the number of beds
in lower categories (1 and 2 stars) has lost importance in recent years and they only represent
11% of total beds.
As for activity in the hotel sector, the results of the Chamber’s business climate surveys show an
appreciable recovery in activity in 2021, in the form of a year-on-year increase in turnover per
establishment of 7.9% on average, a rate of growth that, despite being the most moderate of the
four analysed sectors, represents a major improvement after the unusual downturn recorded in
2020 (-50.8%).
The Andorran economy: developments in the main sectors | XII. Services
LEVEL OF OCCUPANCY IN COMPARISON WITH THE SAME PERIOD
OF THE PREVIOUS YEAR - HOTEL SECTOR Chart 12.8
Balance: Dif erence between opposing responses (posit ve and negat ve), as a percentage.
Source: Chamber of Commerce, Industry and Services of Andorra.
