Costa del Sol hoteliers face massive losses in Malaga province

COSTA DEL SOL HOTELIERS FACE MASSIVE LOSSES IN MALAGA PROVINCE

AS A consequence of the coronavirus crisis in Malaga, the hoteliers association, Asociación de Empresarios Hoteleros of the Costa del Sol (Aehcos), has described the province’s tourist situation as “alarming and worrying”, with more than five million euros in cancellations of reservations.

In addition, to this is added the “thousands of reservations” that are not making any bookings in hotels at the moment: “We will be able to assess the losses in April when we make the comparison with the real value of last year,” they said in a statement. Therefore, they demanded that both the central government and the Andalucian government and the municipalities be “very agile in decision-making”, and warned that owners “cannot endure this situation for long, which is going to get worse”.

In addition, they asked that it be taken into account that employees who have exhausted their benefits “are subject to a special measure.”

They also request the creation of special financing lines, ICOs or similar “that support at least 80 per cent of our requests, since otherwise, the banks will not give us financing.”

As for the municipalities, they demanded deferments in the payment of taxes, “Right now we need all the possible help, we want to keep the establishments open, but we will be forced to close.”