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Pilar Martínez
Monday, 11 September 2017, 15:38
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The unstoppable growth of holiday rentals in the region has now seen numbers surpass those of hotels in both Malaga city and Marbella.
Figures show that tourism properties, which have been regulated since 2016, have more than doubled in the past 15 months.
Despite this unprecedented increase, hotel occupancy levels have been largely unaffected. During the month of August, occupancy levels averaged 90 per cent while estimates suggest that the figures for September will also be healthy.
In the city of Malaga, there are now 10,985 beds in rented accommodation, compared with 9,143 in hotels, while in Marbella, there are almost 4,000 more beds in rentals managed through companies such as Airbnb than in hotels (12,276).
Torremolinos, meanwhile, remains a stronghold for the hotel sector with holiday lets struggling to get a foothold in the town (only 725 properties have been registered so far, adding barely 3,000 beds).
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