Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Cerca de 40 mil bares y restaurantes en España cerraron por causa de la pandemia

40,000 bars and restaurants permanently closed in Spain due to the pandemic

Some 40,000 bars and restaurants have permanently closed in Spain due to the Covid-19 pandemic, sunk by the lack of tourists and general clientele, the hospitality association said on Tuesday.
The figure represents 13% of the total of cafes, bars, restaurants and hotels, according to Hospitality of Spain.

By the end of the year, it is estimated that some 65,000 establishments may have closed, more than 20% of the total.

The worst omens are going to be confirmed, said the president of the hotel management, José Luis Izuel, at a press conference.

In the middle of summer, and with the borders with the EU reopened for a month, Spain has the problem that in areas of pure and simple tourism, there are no tourists, Izuel summarized.

Among those areas is the Balearic archipelago, where less than half of the bars and restaurants had reopened on July 13.

Business is also failing in the office districts of large cities, deserted by teleworking, a phenomenon that is weighing heavily on restoration.

Teleworking is affecting breakfast, the omelette skewer, the churro, the menu of the day, especially in Madrid, Izuel explained, referring to the habits of millions of Spaniards, now broken by the pandemic.

The billing of the sector could fall 50% in the whole of 2020, according to the hotel management, which fears the loss of between 900,000 and 1.1 million direct and indirect jobs.

For this reason, the hotel industry in Spain asks that many resources of the European reactivation plan approved this Tuesday go to the sector, which represents 6% of Spanish GDP and 9% of employment.

Hospitality is one of the pillars of tourism, which together accounts for 12% of Spain's GDP, the second most visited destination in the world in 2019, only behind France.

At the end of June, the government presented a tourism aid plan of about 4.2 billion euros (about $ 4.8 billion), consisting essentially of state guarantees on loans.

The sector calls for stronger measures, such as direct liquidity transfers, tax cuts or even 'holiday bonds' that the Spanish can use, a scheme that is already being applied in Italy.

With more than 28,400 deaths according to the official count, Spain is one of the countries in the world most affected by the new coronavirus pandemic.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
Intel Reports Revenue Beats but Sees 81% Rise in Losses
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Air India Pilot’s Mental Health Records Under Scrutiny
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Moonshot AI Unveils Kimi K2: A New Open-Source AI Model
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Bitcoin Reaches New Milestone of $116,000
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
×