The Word

News, reports and industry information

Spanish tax change

11th July 2012

For those of you travelling to Spain please note that the general VAT rate will increase to 21% from the current 18% (from August 1st according to market reports) and the reduced tax to 10% from the prior 8%. The minimum tax remains at 4%. Spain uses a

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Olympic venues for corporate hire

11th July 2012

London’s Queen Elizabeth Olympic Park will be available to host corporate events from as early as summer 2013, with the multi-use arena the first planned venue to re-open, in July 2013. The arena will have capacity for 7500 theatre style or 2000

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Madrid tourism figures revealed

10th July 2012

According to the Tourism Expenditure Survey (Egatur), compiled by the Ministry of Industry, Energy and Tourism’s Institute for Tourism Studies, in the first five months of the year the average daily expenditure of foreign tourists in Spain has

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Madrid transport links

10th July 2012

Madrid Barajas Airport is located 12km (8 miles) northeast of Madrid. The Airport is one of Europe’s busiest airports and is the largest in Spain. The airport serves Madrid, which is a short distance to the southwest. Our Madrid Barajas Airport

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Madrid hotel scores top review

10th July 2012

Oozing opulence, the Ritz has been Madrid’s grandest hotel from the moment it opened 100 years ago. Review by Annie Bennett. Published in Telegraph today. Next door to the Prado and a few minutes’ walk from the Thyssen-Bornemisza and

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Hotel chain expands into Madrid

10th July 2012

Sheraton Hotels & Resorts has debuted in Madrid with the opening of the Sheraton Madrid Mirasierra Hotel & Spa. Owned by Comercial Mirasierra Group, the hotel is part of Starwood’s strategic multi-billion expansion plan to open more than 60

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New Düsseldorf hotel

10th July 2012

Melia Hotels will open a fifth hotel in Düsseldorf in mid-2013. This will be a four-star, superior 134 room hotel, operated by the Inside by Melia Design brand.

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Gatwick airport proposal

9th July 2012

As the debate over the need to expand Heathrow Airport drags on, Gatwick Airport has resurrected proposals for a second runway and its Chief Executive, Stewart Wingate, has blasted Heathrow for giving foreign airlines a false impression that London was

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Malta tourism figures released

6th July 2012

Tourist arrivals in May were up 2.5% over May last year, maintaining the upward trend of the previous two months after a dip in the first months of the year. The figures for May show a drop in arrivals from the UK which was outweighed by sharp increases

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London transport addition

6th July 2012

The skyline of London now boasts Britain’s first urban cable car system, which officially opens on 28 June 2012. The Emirates Air Line will provide a new and exciting river crossing over the Thames in East London, from terminals at Greenwich

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