Paradores expects to end the year with an improvement in profit and EBITDA compared to last year, when the company abandoned losses and achieved a positive result of 3 million euros. It will do so with 22% more income, although the benefit plans the snip of the increase in costs due to high energy prices. The president and CEO of the public hotel company, Pedro Saura, made this forecast during a conference on the situation of tourism in Spain and its future prospects organized by the General Council of Economists. In turn, the former Secretary of State for Transport, Mobility and Urban Agenda has called on tourism as a whole to "understand" that the labor reform is a structural challenge and "one more incentive to seasonally adjust the tourism sector and make its employment more attractive », given the pressing lack of workers that the sector is suffering for the summer.
The labor reform has been harshly criticized by tourism as a whole since its approval by the Government at the end of last year. The measure seeks to limit temporality in a sector that depends largely on seasonality. In the case of Paradores, Saura assures that they are already working so that in the coming years the national network of Paradores adds 1,300 permanent employees. Regarding the decision of the Supreme Court to force the company to pay salary supplements and bonuses to its employees during the State of Alarm, Saura assures that "we are already analyzing what is the amount that we have to pay the workers."
All in all, the public manager points out the good evolution of the demand that they are receiving in the 97 inns that make up their network. He assures that reservations have increased by 8% for the coming months and that prices barely rise despite the increase in costs. “We are going below the band of the rest of the industry. Recovery is sustained over time. The growth will be geometric.
In addition, the president warns that the war in Ukraine can produce structural changes in tourism. "It could create a block economy and more travel between those blocks," he explained. At the moment, the occupation of foreign tourists in the Parador network reached 35% in the month of May, according to its president.