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Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
Spain doesn’t have to be all gloom and doom. If this Monocle report has any real teeth its inspiring that long-unused spaces are being turned in to new opportunities.
It’s not all bad news on the streets of Madrid. The economic crisis is stirring a new generation of young, creative entrepreneurs into action – and the city is undergoing a refreshing and very visible transformation as a result. As bold new retail, hospitality and co-working initiatives turn traditional concepts on their head, Monocle sits down with some of the progressive voices leading the charge.