{"id":81486,"date":"2025-01-16T14:29:52","date_gmt":"2025-01-16T13:29:52","guid":{"rendered":"https:\/\/lavozdeibiza.com\/sin-categorizar\/2025\/01\/16\/ibiza-and-formentera-break-records-in-2024-with-the-highest-hotel-revenues-in-spain\/"},"modified":"2025-01-16T14:29:52","modified_gmt":"2025-01-16T13:29:52","slug":"ibiza-and-formentera-break-records-in-2024-with-the-highest-hotel-revenues-in-spain","status":"publish","type":"post","link":"https:\/\/lavozdeibiza.com\/en\/current-news\/ibiza-and-formentera-break-records-in-2024-with-the-highest-hotel-revenues-in-spain\/","title":{"rendered":"Ibiza and Formentera break records in 2024 with the highest hotel revenues in Spain"},"content":{"rendered":"<p>The hotels in <a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2024\/10\/10\/ibiza-y-formentera-tienen-los-hoteles-mas-rentables-de-toda-espana\/?swcfpc=1\"><strong>Ibiza and Formentera<\/strong><\/a> closed 2024 as absolute leaders in revenue per available room<em>(RevPAR<\/em>) in Spain, reaching an average of <strong>153.8 euros<\/strong>, according to the report presented by the <strong>Alliance for Excellence in Tourism (Exceltur).<\/strong> This data not only positions the Pitiusas as the destination with the highest income, but also places them above reference cities such as <strong>Barcelona<\/strong> and <strong>San Sebastian<\/strong>. Compared to 2023, the revenue per room in the hotels of the Pitiusas grew by <strong>5.9%<\/strong>, consolidating the island&#8217;s position as one of the most profitable tourist destinations in the country.<\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2025\/01\/16\/the-ushuaia-tower-se-reinventa-este-verano-sera-the-unexpected-ibiza-hotel\/?swcfpc=1\">The Ushua\u00efa Tower reinvents itself: this summer it will be The Unexpected Ibiza Hotel<\/a><\/h5>\n<\/li>\n<\/ul>\n<p>This increase reflects the facilities&#8217; ability to maintain a high level of demand and attract visitors willing to pay for quality experiences.<\/p>\n<h2><strong>Comparison with other islands and destinations<\/strong><\/h2>\n<p>Exceltur data also reveal that revenues per room in <strong>Ibiza and Formentera<\/strong> far exceeded those obtained in other islands of the Balearic archipelago. In <strong>Minorca<\/strong>, the <em>RevPAR<\/em> reached <strong>118 euros<\/strong>, while in <strong>Mallorca<\/strong> it was <strong>111 euros<\/strong>, evidencing a significant difference in hotel profitability. This leadership is attributed to factors such as the consolidation of a high-end tourist offer, an exclusive natural environment and a promotional strategy focused on quality tourism.<\/p>\n<h2><strong>Reduction in the supply of tourist apartments in Ibiza<\/strong><\/h2>\n<p>The Exceltur report also highlights a significant fact: an <strong>11%<\/strong> reduction in the supply of illegally rented tourist apartments in the city of Ibiza. In 2024, the number of places available on tourist rental platforms fell to <strong>2,385<\/strong>, which is <strong>296 places less<\/strong> than the previous year. This decrease contrasts with the general trend in Spain, where most cities experienced an increase in the supply of tourist housing. In addition to Ibiza, only <strong>Palma<\/strong> recorded a similar drop, with a reduction of <strong>10.1%<\/strong>. <\/p>\n<h2><strong>Expectations for 2025<\/strong><\/h2>\n<p>Looking ahead to next season, Exceltur forecasts a <strong>4.9%<\/strong> increase in tourist arrivals to the Balearic Islands, which could further consolidate the good results recorded in 2024. This growth is expected to have a positive impact on hotel activity, especially in destinations that have managed to position themselves as benchmarks of quality and exclusivity, as is the case of Ibiza and Formentera.<\/p>\n<h4>Continue reading<\/h4>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/2024\/11\/13\/vibra-hotels-impulsa-su-plan-de-sostenibilidad-con-un-innovador-sistema-de-reciclaje-en-sus-hoteles\/?swcfpc=1\">Vibra Hotels boosts its sustainability plan with an innovative recycling system in its hotels<\/a><\/h5>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Compared to 2023, the revenue per room in the hotels of the Pitiusas Islands grew by 5.9%.<\/p>\n","protected":false},"author":1,"featured_media":50458,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2910,3210,2918],"tags":[2912,4553],"ppma_author":[2662],"class_list":["post-81486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-news","category-formentera-en","category-ibiza-en","tag-actualidad-3-en","tag-hotels"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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