Page 115 - Economic report 2020

BUSINESSES’ OPINIONS ON DEVELOPMENTS IN THE HOTEL SECTOR
(% of businesses) Table 12.12

2020 2021 2022
Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average
1. Business activity Good 13 0 7 8 48 28 67 68 68
(reviewed half-year) Normal 4 5 5 11 43 27 30 32 31
Bad 83 95 89 81 10 46 2 0 1
Balance -70 -95 -83 -73 38 -18 65 68 67

2. Average distribution Catalonia 37 32 35 34 44 39 36 42 39
of clients (%) Rest of Spain 24 16 20 26 23 25 24 26 25
(reviewed half-year)
France 24 36 30 30 22 26 20 20 20
Others 15 16 16 10 11 11 20 11 16
3. Level of bookings High 4 0 2 3 19 11 21 22 22
(reviewed half-year) Adequate for the period 13 0 7 9 56 33 62 70 66
Low 83 100 92 80 23 52 14 5 10
No reservations taken 0 0 0 9 2 6 2 3 3
Balance -79 -100 -90 -77 -4 -41 7 17 12

4. Average level of Higher 9 3 6 11 75 43 63 58 61
occupancy Same 4 6 5 20 15 18 29 28 29
(compared with same
half-year in previous Lower 87 92 90 69 10 40 8 14 11
year) Balance -78 -89 -84 -58 65 4 55 44 50
5. Prices paid Higher 25 0 13 22 60 41 54 54 54
by clients Same 50 23 37 42 28 35 37 41 39
(compared with 113
previous half-year) Lower 25 77 51 36 12 24 9 5 7
Balance 0 -77 -39 -14 48 17 45 49 47

6. Number of employees More 13 6 10 8 40 24 38 46 42
(compared with same Same 50 25 38 42 43 43 55 51 53
half-year in previous
year) Less 38 69 54 50 18 34 7 3 5
Balance -25 -63 -44 -42 22 -10 31 43 37

Source: Chamber of Commerce, Industry and Services of Andorra.

In relation to the first half of 2023, business opinions remain optimistic and suggest that the
tourist sector will continue to be an important lever for driving economic growth.

As for legislation, on 1 July 2022 the new tax on stays in tourist accommodation (so-called
“tourist tax”) came into force. This tax is charged on stays, by day or parts thereof, for a maximum
of seven nights, made by taxpayers over the age of 16 at any tourist accommodation regulated by
current tourist accommodation legislation, for an amount of between 1 and 3 euros per day and
person, based on the type of tourist accommodation. Revenue from the tax is destined for the
Tourism Promotion Fund, with goals that include promoting tourism in the Principality of Andorra,
protecting and improving tourism resources, developing infrastructure and services related to Andorran economy: developments in the main sectors | XII. Services
tourism, and also training for people working in the sectors related to tourism.

4. Transport and communications

This sector is divided into two branches of activity. The first is transport and storage, representing
1.8% of Andorran GVA (2021), and the second is information and communications, with 3.7%