Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE SPAIN EDITION 2026

Spain’s
travel and hospitality industry,
in focus.

The companies, capital and talent shaping travel and hospitality in Spain. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Travel and Hospitality Industry Landscape of Spain
ES
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Travel and Hospitality illustration
MEET THE COMPANIES

Explore Spain’s travel and hospitality leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Travel and Hospitality company highlights in Spain, snapshot 30 August 2026
Company
Azviazvi.es$287.12M
Vueling Airlinesvueling.com$283.47M4,296
Voloteavolotea.com$265.94M1,700
Adifadif.es$41.44M
bnetworkbnetwork.com$34.71M97
Kampaohkampaoh.com$21.19M140
Libere Hospitality Groupliberehospitality.com$6.39M
Sendavivasendaviva.com$3.8M38
MELIAmelia.com11 roles
Melia Hotels Internationalmeliahotelsinternational.com8 roles17,964
Elianceeliance.es4 roles440
Lago Resort Menorcalagoresortmenorca.com4 roles25
Aguas de Ibizaaguasdeibiza.com3 roles
ON Hotels Grouponhotelsgroup.com3 roles26
Smy Hotelssmyhotels.com3 roles100
Swiftairswiftair.com3 roles602
Aenaaena.es8,324
Air Europaakafailover.aireuropa.com4,000
Air Nostrumairnostrum.es1,400
Amadeusamadeus.com19,102
Best Life Experiencebestlifeexperience.esFinancial figure available in RadarView in Radar
MTS Globemtsglobe.com1,300
Palladium Hotel Grouppalladiumhotelgroup.com13,000
Wamos Airwamosair.com1,747
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Travel and Hospitality industry KPIs in Spain

A few useful ratios bring the size of this ecosystem into perspective.

30 August 2026
Hiring participation3.6%

46 of 1,291 tracked companies have open roles.

Funding participation3.6%

46 of 1,291 tracked companies have a recorded round.

Top 3 funding share87.1%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$162.04K

Midpoint of 72 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 87.1% of disclosed capital, while 96.4% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Spain travel and hospitality has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Spain travel and hospitality
$0$132.74M$265.48M$398.22M$530.97M2016: $1.95M20162017: $26.66M20172018: $2.17M20182019: $47.18M20192020: $465.76M20202021: $7.35M20212022: $941.08K20222023: $22.81M20232024: $020242025: $02025
View the numbers
Annual travel and hospitality funding and company formation in Spain
YearFunding (USD)FoundedRaising
2016$1.95M436
2017$26.66M506
2018$2.17M584
2019$47.18M668
2020$465.76M5911
2021$7.35M417
2022$941.08K259
2023$22.81M256
2024$030
2025$010
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Azvi29.9%
  • Vueling Airlines29.5%
  • Volotea27.7%
  • Other companies12.9%

Funding by stage

86 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel10 11.6%
Series A–B5 5.8%
Series C+ / PE2 2.3%
Grants, debt & other69 80.2%

Recent recorded rounds

Latest recorded rounds · USD
1 rounds

Swipe or scroll horizontally to browse.

Conventional Debt04/2026
Azvi $286.89M

Backed by Caixabank and BBVA and others.

Largest and notable recorded rounds

Each card is one recorded round
9 cards

Swipe or scroll horizontally to browse.

Series A01/2023
Kampaohkampaoh.com$1.62M

Backed by JME Venture Capital and Axon Partners Group and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

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Annual accounts availability

No reviewed exact national-ID connector maps Spain company identities to the configured global filings table.; No reviewed exact national-ID connector maps Spain company identities to the configured global filings table.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Spain companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

35 of the 1,297 companies on this page carry a measured traffic record (2.7%); these are the largest of those, by monthly visits. The median among them is 503,204 visits.

CompanyMonthly visitsAuthorityMobile
Vueling Airlinesvueling.com7,997,8487565.4%
Amadeusamadeus.com6,019,6745725%
Voloteavolotea.com4,042,2627164.2%
Aenaaena.es3,043,6037275.8%
Barcel Hotel Groupbarcelo.com2,905,8987672.7%
Riuriu.com2,537,6146969.6%
Iryoiryo.eu1,241,9345771.5%
Baleariabalearia.com1,239,8265570.3%
Viajeselcorteinglesviajeselcorteingles.es1,110,1216766.7%
H10 Hotelsh10hotels.com951,7375976%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

81 of these companies (6.2%) publish at least one Android app — 128 apps in all, carrying 35.1M installs between them.

AppInstallsRatingStore category
Vueling - Cheap FlightsVueling Airlines9.4M4.8Travel & Local
RIU Hotels & ResortsRiu3.6M4.7Travel & Local
VoloteaVolotea3.6M2.9Travel & Local
TMB App (Metro Bus Barcelona)TMB2.7M2.8Maps & Navigation
AenaAena2.5M4.3Maps & Navigation
EMT MadridEmtmadrid2M4.3Maps & Navigation
EMT ValenciaEmtvalencia1.2M3.2Maps & Navigation
AdifAdif1.2M3.2Maps & Navigation
bicimadEmtmadrid878.2K2.1Maps & Navigation
Buen Camino de Santiago AppEditorialbuencamino783.3K4.7Travel & Local

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2025Q4).

SegmentAppsInstallsLeading appRelease trend
Passenger Airlines313.1MVueling - Cheap Flights 9.4M
Hotels195MRIU Hotels & Resorts 3.6M
Bus Operators214.9MTMB App (Metro Bus Barcelona) 2.7M
Tour Operators313.8MEMT Valencia 1.2M
Online Travel23.7MRiu Partner Club 21.4K
Travel Agencies143.2MEMT Madrid 2M
Passenger Rail Operators41.7MAdif 1.2M
Rail Infrastructure Managers21.2MMetro de Málaga Oficial 57.2K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 42022Q4: 02022Q42023Q1: 22023Q1: 12023Q12023Q2: 62023Q2: 32023Q22023Q4: 32023Q4: 12023Q42024Q1: 22024Q1: 02024Q12024Q3: 22024Q3: 62024Q32024Q4: 12024Q4: 22024Q42025Q1: 42025Q1: 12025Q12025Q2: 12025Q2: 72025Q22025Q4: 32025Q4: 92025Q42026Q1: 32026Q1: 192026Q1

Darker bars are new releases, lighter bars apps updated. 104 of 128 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Spain travel and hospitality market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Segment data unavailable0

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Segment data unavailable

The largest measured segment in this report snapshot.

0companies
0%have hiring activity

0 companies hiring · $0 disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 10 dated reports
Mergers & acquisitionsamadeus.com ↗

Spanish travel technology firm Amadeus has announced a plan to acquire French biometrics company Idemia Public Security, which is owned by Advent International, for 1.2 billion euros ($1.97 billion) in an all-cash deal.

Mergers & acquisitionsaena.es ↗

The Council of Ministers held on Tuesday approved the Agreement authorising Aena to purchase a control majority, directly or indirectly, in companies in the United Kingdom for the acquisition of shares in the English airports of Leeds Bradford and Newcastle. In particular, this operation will allow Aena to take 51% of the new holding company owned and managed by 100% of the airport of Leeds Bradford and 49% of the airport of Newcastle for 309 million euros.

Mergers & acquisitionsbintercanarias.com ↗

Binter is reported to be considering acquiring a ‘minority, but strategic’ stake in SATA, the publicly owned airline group of the Azores.

Mergers & acquisitionsswiftair.com ↗

Spanish air cargo operator Swiftair has been acquired by Antin Infrastructure Partners, a private equity group headquartered in Paris, France, for €280 million.

Funding roundscaf.net ↗

L4 Venture Builder, B3 startup investment fund, contributed $9.5 million (about R$ 50 million) to the CAF, specializing in digital identity and coup prevention.

Mergers & acquisitionsgestair.com ↗

Hyperion Fund, the venture capital fund led by Pablo Casado, and Corporación Financiero Azuaga, after purchasing GPF from Gestair, leader in private flight management, have completed the acquisition of about 100 million euros from the companies Brok-air and ATS Aviation, according to EXPANSION in knowledgeable sources.

Mergers & acquisitionsbarcelo.com ↗

Barceló Group has acquired 80% of Rusticae, a company that is a benchmark in the rural tourism segment, charming hotels and local experiences, without wanting to reveal the amount of the operation.

Mergers & acquisitionsinurbamobility.com ↗

CMS has advised infrastructure investment firm VisionEdgeOne on its acquisition of Spanish bike-sharing company Inurba Mobility from Sherpa Capital and Moventia Group.

Mergers & acquisitionsriu.com ↗

As a result of this operation, Riu Hotels S.A. will absorb the society Hotel San Francisco, S.A. , which will facilitate the unification of hotel exploitation and participation in different entities of the group.

Mergers & acquisitionsalanniaresorts.com ↗

The French venture capital manager PAI Partners, through its participating European Camping Group gala, is negotiating exclusively with the Spanish manager Corpfin Capital the acquisition of Alannia Resorts, a group dedicated to the management and operation of the leading campsite in Spain.

Full recorded event mix

Top 10 categories among 233 recorded events in the 24-month window.

Earnings
55
Contracts
47
Company announcements
38
Mergers & acquisitions
23
Leadership moves
21
Capital infusions
10
New products
10
Funding rounds
9
Asset acquisitions
7
Buyback
5
7 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

2 companies with recorded IPO activity

Aena ↗

IPO activity1 reports

OFS1 reports

Leadership moves

9 tracked people moves

Amadeus ↗
Amanda Mesler

Appointment President of the Appointments and Remunerations Commission

Amadeus ↗
Frits Van Paasschen

Departure Previously President of the appointment and remuneration commission

Moventis ↗
Jordi Castells

Appointment Chief Executive Officer

Moventis ↗
JUAN GIMÉNEZ

Appointment Adviser to the general management and the board of directors

Avoris ↗
Tomeu Bennasar

Appointment General Manager of Dynamic and Online Product

Amadeus ↗
Wolfgang Krips

Retirement Previously Executive

Product launches

Products, platforms and features in the recorded window

Amadeus ↗
Revenue Availability and Active Valuation (RAAV)

Revenue Management

Amadeus ↗
Outpayce

Payment acceptance platform for airlines

Drivalia ↗
Fleet View

Fleet management platform

Drivalia ↗
intermodal solutions

Vehicle bundling feature

Contract wins

30 recorded customer wins

Amadeus ↗

Customer: arajetAviation

Volotea ↗

Customer: Tarbes-Lourdes-Pyreumatic AirportAir transportation

Amadeus ↗

Customer: lufthansa groupAirlines

CAF ↗

Customer: SNCBRailway

CAF ↗

Customer: Sncf Voyageurs

Iberia ↗

Customer: Pegasus AirlinesAviation

Workforce actions

1 companies with reported reductions

Iberia ↗

15.0% rolescost reduction

Regulatory events

5 recorded events

Aena ↗

approved investmentsAirport Regulation (DORA)

Aena ↗

approvedAena Board of Directors

Aena ↗

pending approval of regulation documentAena Board of Directors

Iberia ↗

Flights canceled in VenezuelaUnited States Federal Aviation Administration

Litigation

2 tracked suits

Company
Azvi v Port Company of Valparaiso (EPV), South Pacific Terminal Val

Cross-claims disputeRegulatory ·

Company
edreams odigeo v ryanair

Denigrating statements / unfair competitionCriminal · Ongoing

Earnings pulse

Reported company results in the recorded window.

11companies
56period observations
9.8%median reported growth

Median across 44 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
AmadeusIdemia Public SecurityAnnounced2026-04-30Not stated in snapshot
AmadeusskylinkCompleted2026-04-29Not stated in snapshot
Amadeusvision-boxCompleted2026-04-29Not stated in snapshot
AmadeusvoxelCompleted2026-02-25Not stated in snapshot
AmadeusforwardkeysCompleted2026-02-25Not stated in snapshot
AenaNew holding company (Leeds Bradford) and Newcastle airportAnnounced2026-01-20Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

0 postings in the preceding 12 months. The full 2-posting snapshot covers 2 employers.

Expand panel +

Most advertised job titles

Global Director Of Sales Luxury Hospitality Industry1
[Free Masterclass] Exclusive Hospitality Training Opportunities In The Usa1
0 internship postings

0 tracked postings mention remote work.

The seniority mix

1 postings specify a level.

manager
1
unspecified
1
THE PEOPLE BUILDING THE FIELD

Founders and leaders

107 founders and chief executives across 93 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

5 profiles with education records.

University of Cambridge
1
UCLA Anderson School of Management
1
Massachusetts Institute of Technology
1
Universitat Politècnica de Catalunya
1
EAE Business School
1
Universidad Politécnica de Madrid
1
IMD Business School
1
MIT Sloan School of Management
1

Prior employers

0 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

222,556 articles in the measured 12-month window.

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222,556articles in the measured year
39,863articles in 2026Q1
45.9%positive tone in the latest complete year

News volume trends

Travel and Hospitality coverage across Spain · articles per complete quarter

030,06860,13790,205120,2742021Q2: 33,7612021Q22021Q3: 36,0822021Q4: 29,8042022Q1: 33,6682022Q2: 37,8832022Q22022Q3: 38,0032022Q4: 44,6352023Q1: 45,9182023Q2: 43,7252023Q22023Q3: 48,1322023Q4: 39,0052024Q1: 47,1612024Q2: 53,5872024Q22024Q3: 56,8512024Q4: 56,0652025Q1: 68,3252025Q2: 49,7672025Q22025Q3: 104,5862025Q4: 32,4432026Q1: 39,8632026Q1
View quarterly article counts
QuarterArticles
2021Q233,761
2021Q336,082
2021Q429,804
2022Q133,668
2022Q237,883
2022Q338,003
2022Q444,635
2023Q145,918
2023Q243,725
2023Q348,132
2023Q439,005
2024Q147,161
2024Q253,587
2024Q356,851
2024Q456,065
2025Q168,325
2025Q249,767
2025Q3104,586
2025Q432,443
2026Q139,863

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
57,838 positive · 19,697 neutral · 29,423 negative
2022
82,832 positive · 30,102 neutral · 41,001 negative
2023
96,226 positive · 37,596 neutral · 42,666 negative
2024
108,121 positive · 57,430 neutral · 47,701 negative
2025
116,933 positive · 87,603 neutral · 50,242 negative

Leading coverage topics

Travel and Hospitality coverage across Spain · ranked by full-period article count.

Geopolitical Disputes And Contested Areas300,590 articles in the full recorded period
61,785 recent · 46,357 prior
International And Transnational Geographic Entities300,582 articles in the full recorded period
61,787 recent · 46,360 prior
Administrative And Political Subdivisions300,548 articles in the full recorded period
61,773 recent · 46,354 prior
International Sports Competitions47,740 articles in the full recorded period
4,849 recent · 7,122 prior
Professional League Updates40,576 articles in the full recorded period
5,261 recent · 4,754 prior
Sports History And Legacy Stories29,408 articles in the full recorded period
11,420 recent · 1,887 prior
Athlete Transfer Rumors26,718 articles in the full recorded period
3,714 recent · 2,936 prior
Sportsmanship And Ethics In Sports26,224 articles in the full recorded period
10,768 recent · 1,011 prior
Championship Event Highlights22,457 articles in the full recorded period
2,619 recent · 3,290 prior
Soccer Player Transfers And Contracts20,351 articles in the full recorded period
2,701 recent · 2,187 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Travel and Hospitality coverage across Spain

KeywordRecentPriorChange
countries2,4481,048134%
geopolitical alliances45624884%
foreign policy analysis384136182%
diplomatic strategies33322051%
multilateral diplomacy322116178%
fire impact study313138127%
league expansion news26816364%
regional air routes24913782%
extreme temperature advisory24676224%
wildfire control23312389%
europa league4661,281-64%
olympic trials121968-88%
olympic team selections163888-82%
ronaldo513792-35%
champions league352678-48%

Event and signal lenses

Travel and Hospitality coverage across Spain

All complete annual cohorts shown
Rising

Regulatory Risk

641,062 classified articles

territories, disputed islands, countries

14.2% critical · 13.8% positive
Rising

Funding Momentum

57,793 classified articles

club valuation, europa league, champions league

30.0% critical · 42.5% positive
Rising

Growth

99,464 classified articles

league expansion news, pro league fixtures, gdp growth rate

25.1% critical · 49.0% positive

Travel and Hospitality coverage across Spain. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Travel and Hospitality in Spain: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 30 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon