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
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
Italy Faces Population Decline Amid Youth Emigration
Trump Accuses China of Violating Trade Agreement
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Russia Accuses Serbia of Supplying Arms to Ukraine
Gerry Adams Wins Libel Case Against BBC
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
EU Majority Demands Hungary Reverse Anti-LGBTQ+ Laws
Top Hotel Picks for 2025 Stays in Budapest Revealed
Iron Maiden Unveils 2025 Tour Setlist in Budapest
Chinese Film Week Opens in Budapest to Promote Cultural Exchange
Budapest Airport Launches Direct Flights to Shymkent
Von der Leyen Denies Urging EU Officials to Skip Budapest Pride
Alcaraz and Sinner Advance with Convincing Wins at Roland Garros
EU Ministers Lack Consensus on Sanctioning Hungary Over Rule of Law
EU Nations Urge Action Against Hungary's Pride Parade Ban
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
U.S. Considers Withdrawing Troops from Europe
Russia Deploys Motorbike Squads in Ukraine Conflict
Critics Accuse European Court of Human Rights of Overreach
Spain Proposes 100% Tax on Non-EU Holiday Home Purchases
German Intelligence Labels AfD as Far-Right Extremist
Geert Wilders Threatens Dutch Coalition Over Migration Policy
Hungary Faces Multiple Challenges Amid EU Tensions and Political Shifts
Denmark Increases Retirement Age to 70, Setting a European Precedent
Any trade deal with US must be based on respect not threats', says EU commissioner
UK Leads in Remote Work Adoption, Averaging 1.8 Days a Week
Thirteen Killed in Russian Attacks Across Ukraine
High-Profile Incidents and Political Developments Dominate Global News
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Ukraine and Russia Conduct Largest Prisoner Exchange of the War
×