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Spain’s already hurting tourism industry takes another hit from air taxes
TransportThe Spanish tourist industry lost 1,800 million euros in income in the first two months of the year, according to estimates made by the Alianza para la Excelencia Turística (Exceltur), Tourism excellence alliance, due to a slump by 9.7pc recorded in air traffic, which turned into two million fewer arrivals in the country’s airports. ‘Air [...]
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If Iberia sneezes, Barajas airport will catch a severe cold
TransportIberia represents the Big Spanish company, in capitals…Iberia is in urgent need of thinning down so as to become profitable. So many years depending on a State-owned monopoly has spawned a colossus ridden with inefficiencies. A bleak future awaits to Madrid-Barajas airport if Iberia is thinned down. It will no longer be a hub, a [...]
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The entrepreneurs changing Madrid’s streets one small business at a time
DestinationsIt’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 [...]
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How Madrid’s Barajas Airport got its design exactly right
TransportWith great design, an airport can be a way to show off to foreign visitors. Madrid’s Barajas Airport, more specifically, the new-ish Terminal 4, is a prime example. The terminal strives to provide passengers with a stress-free beginning to travel, with natural light pouring from sweeping peaks in the bamboo roof to a sensible industrial use of glass [...]
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The El Clásico snub: Sands picks Madrid over Barcelona for the $65 billion EuroVegas project
DestinationsCasino giant Las Vegas Sands Corp. picked Madrid over Barcelona for a multi-billion dollar Spainish gambling resort project dubbed “EuroVegas.” The Spanish capital, the country’s largest city, emerged as the company’s best choice for the development, Las Vegas Sands Chairman and CEO Sheldon Adelson said in a statement released late Friday in Las Vegas. “The [...]
