More new hotels are being built while others are closing down.
Is this a contradiction? No, is the answer.
It is natural replacement that is taking place. Old hotels are closing down to make way for new ones, which is something that happens everywhere.
Today, travellers demand high standards in the hotels where they stay abroad, and it is only natural that the lower category hotels cannot survive on the market.
People want to be pampered while on holiday, and they find the best services in top quality hotels. People today have the means to stay in expensive complexes, and are prepared to pay for them.
If hotels were closing down and no new hotels were being built, then it would be a problem. The fact that new hotels are being developed means that the tourism industry is still flourishing.
F. Cassar
Mosta