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
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Budapest Central European Fashion Week Kicks Off
U.S. Celebrates Labor Day
Hungarian National Team Captain Scores Epic Goal
×