Hoteles BESTPRICE kicks off 2025 with revenue growth exceeding 20% and ended 2024 with an impressive 97% occupancy rate

31 Jan 2025 08:57 CET

The hotel chain has tripled its revenue compared to the same period three years ago

January 30, 2025 – Hoteles BESTPRICE kicks off the year 2025 with highly promising results for the rest of the year, with January revenues exceeding those of the same month last year by more than 20%. Additionally, the company’s investment momentum indicates strong growth prospects in terms of revenue and profits for the hotel chain in the coming months. The opening of the new Hotel BESTPRICE ALEGRÍA is imminent.

Hoteles BESTPRICE achieved outstanding results in 2024, with an occupancy rate of 97% across the hotel chain, particularly highlighting occupancy rates in Madrid, Barcelona, and Valencia, which exceeded 98%. The annual ADR (Average Daily Rate) for the hotel chain surpassed €100 for the first time in Hoteles BESTPRICE’s history, while the annual REVPAR (Revenue Per Available Room) reached €99.81, marking a 9% increase compared to the previous year.

Furthermore, the hotel chain continues to strengthen customer satisfaction, receiving high ratings on OTA platforms such as Booking. Notably, Hotel BESTPRICE Alcalá earned a score of 9, BESTPRICE Valencia an impressive 9.2, BESTPRICE Gracia an 8.6, and BESTPRICE Girona also received an 8.6. These ratings reflect the company’s commitment to excellence and customer satisfaction.

According to Oscar Sánchez, President of Hoteles BESTPRICE, “We are embarking on an exciting 2025, which will mark the company’s takeoff in both financial and shareholder terms. We aspire to be a benchmark in our category. These achievements would not have been possible without the professionalism and dedication of our talented team, as well as the continuous support and trust of our valued customers and shareholders.”

Hoteles BESTPRICE is a boutique hotel chain leading the budget hotel segment in Spain. It offers an innovative, unique, and exclusive concept that is highly attractive to all customers while also providing an appealing model of profitability and growth for investors. The company offers the best hotel stay prices, with deluxe rooms and first-class service from its reception team, featuring a modern design, and an agile, personalized, and professional service provided by a highly trained Guest Services team.

The company currently operates seven boutique establishments: BESTPRICE Diagonal and BESTPRICE Gracia, both in Barcelona; BESTPRICE Madrid Alcalá; BESTPRICE Girona; BESTPRICE Valencia; BESTPRICE Santillana del Mar; and the newly opened Hostal BESTPRICE Barcelona Stadium. Additionally, it will soon add three new establishments in Madrid, Barcelona, and Málaga, expanding its portfolio to ten operational hotels.