Paradores’ occupancy rose while hotels closed for renovation

Spain’s state-owned hotel chain reported average occupancy of 76% in 2025, up from 74% a year earlier. Up to 13 establishments were closed at the same time for prolonged work. Reported gross income was lower than in 2024, while income rose in a comparison that excluded hotels affected by renovations.

Sources checked 11 November 2026

The company reported a two-point occupancy increase

Paradores reported 74% average occupancy in 2024 and 76% in 2025. It called 2025 its highest occupancy reading in two decades. The ratio describes how intensively available capacity was used, so it can rise while some properties are temporarily closed. Source 1 Source 2

The whole-chain and like-for-like income comparisons differ

The company reported more than €346 million for 2024 and more than €337 million of gross income for 2025. It separately reported 3.3% income growth, or about €10.5 million, for the comparable group of hotels excluding those affected by works in either year. Source 1 Source 2

The works were spread across two parts of the programme

Paradores said its end-2026 plan covered more than 20 hotels through its own integral reforms alongside 39 with Turespaña work. The company put the combined scope at 60% of the network. That is the stated scope of the programme, with work still in progress at the March update. Source 2 Source 5

An inauguration and the first guest date can differ

The ministry inaugurated Molina de Aragón in May 2025. It announced Eivissa-Dalt Vila as the 99th property at its February 2026 inauguration and set 10 March as the date for its first guests. The network count describes properties rather than available rooms or occupied nights. Source 3 Source 4