by MAY 4TH
AI and the future of labor relations, to be debated on the 21st at the CEOE-Cepyme Guadalajara Human Resources Forum
CEOE-Cepyme Guadalajara will hold its 18th Human Resources Forum in the province of Guadalajara on May 21, an event already consolidated as a meeting point for professionals in this sector.
Attendance is free and open, with prior registration at www.ceoguadalajara.es/inscriptions and will take place from 9:30 a.m. to 1:45 p.m. at the Guadalajara Conference Center Affiliated by Meliá hotel, located at Avenida Eduardo Guitián, 7, according to the employer’s association.
For this edition of the forum, which is coming of age, the Alcarreña employers’ association has prepared, as in previous editions, a program with top-level speakers and experts with recognized prestige, both nationally and internationally, with the aim of knowing the latest developments in artificial intelligence, the present and future of labor relations, as well as the importance of talent and collaboration.
Thus, this edition will feature the presence of Rosa Santos, director of employment, diversity and social protection at CEOE, with the presentation ‘Present and future of labor relations’.
It will continue with Marisa Cruzado, partner of CVA and promoter of IA+Igual and Maite Sáenz, partner-director of ORH and promoter of IA+Igual with ‘IA+Igual: Hallucinating with artificial intelligence’.
And the presentations will end with Orestes Wensell, general director of Talent Solutions at ManpowerGroup and Jesús Torres, president of AEDRH with “Talent as a key element in transformation processes.”
The day will end with the conference ‘Colaborando que es gerund’ by Sergio de la Calle, Talent&Culture expert, lecturer and writer Everything will be, one more edition, moderated by María Teresa Sáenz, partner-director of ORH.
This conference, aimed at HR experts from companies in Guadalajara, its province and the region, is sponsored by the Provincial Council of Guadalajara and the collaboration of BASF, Observatory of Human Resources and Labor Relations, Eurocaja Rural and SegurSalud .
MAY 3
Non-hotel overnight stays in Castilla-La Mancha in March reach 145,786 after Easter
Overnight stays in non-hotel accommodation in Castilla-La Mancha (apartments, campsites, rural tourism accommodation and hostels) have totaled 145,786 stays in March and 56,318 travelers after Easter, according to data published this Friday by the National Institute of Statistics ( INE).
Overnight stays in tourist apartments in the region in March totaled 33,803 and 10,123 travelers registered.
In the region’s campsites, a total of 23,650 overnight stays and 8,971 travelers were made.
Regarding rural tourism accommodation, 80,135 overnight stays and 34,659 travelers were recorded.
Finally, in hostels, during the third month of the year, Castilla-La Mancha registered 8,198 overnight stays and 2,565 travelers.
NATIONAL DATA
Overnight stays in non-hotel tourist accommodation (apartments, campsites, rural tourism accommodation and hostels) exceeded 9.2 million in March, with an increase of 31.4% compared to the same month last year, according to data from the National Institute of Statistics (INE) published this Friday.
Coinciding with the celebration of Holy Week, overnight stays by residents increased by 63.7% in the third month of the year, while those by non-residents increased by 14.6%. The average stay was 4 overnight stays per traveler.
Given that in 2024 Easter was celebrated in March and in 2023 it took place in April, Statistics sees it advisable to wait until the results of this survey are available next month to analyze the two months together.
Last March, overnight stays in tourist apartments in Spain grew by 18.8%, those in campsites by 56.9% and those in hostels by 25.1%, and those registered in rural tourism accommodation increased by 48. 6%.
As far as prices are concerned, these grew in all categories, with the largest increase being registered in apartments of 12.9%, followed by campsites that saw their prices rise by 7.6% and rural accommodations that were 4 % more expensive.
THE UNITED KINGDOM CUP ALMOST 30% OF THE APARTMENTS.
72.8% of overnight stays in tourist apartments in Spain last March were made by non-resident travelers, with the United Kingdom being the main source market, with 29.8% of the total. The average stay decreased by 5.5%, to a total of 5 overnight stays per traveler.
In March, 33.6% of the apartment spaces offered were occupied, 1.7% more than in 2023, with the degree of occupancy by places on weekends being 37.1%, a level similar to 2023.
The Canary Islands was the preferred destination with more than 2.4 million overnight stays and an increase of 9.4% compared to March 2023. It also had the highest occupancy, with 84.8% of the apartments offered.
By tourist areas, the Island of Tenerife was the favorite destination, with more than 802,000 overnight stays. The island of Lanzarote had the highest occupancy rate for apartments, 88%, and the tourist spots with the highest number of overnight stays were San Bartolomé de Tirajana, Arona and Tías.
OVERNIGHT STAYS IN CAMPSITES GROW BY 57%
Overnight stays in campsites increased by 56.9% in March compared to the same month in 2023. Those by residents increased by 119.9% and those by non-residents by 15%.
41.9% of the plots offered were occupied, 6.4% more, and the weekend occupancy rate was 44%, with an increase of 4.7%. 44.1% of overnight stays were made by non-resident travelers, with Germany being the main source market, with 36.4% of the total.
Catalonia was the preferred destination to stay in campsites in Spain this Easter, with more than 877,000 overnight stays, while the Valencian Community reached the highest occupancy rate, with 68.1% of the pitches offered.
By tourist areas, the Costa Blanca (Alicante) was the favorite destination, with more than 391,000 overnight stays. This area also had the highest occupancy rate, with 84.5%. The tourist spots with the most overnight stays were Benidorm, Tarragona and Cartagena.
Overnight stays in Spain in rural tourism also increased by 48.6% on the occasion of Holy Week, occupying 18.2% of the places. The weekend occupancy rate stood at 30.3%, 13.4% more.
Castilla y León was the preferred destination to stay in rural establishments, with more than 172,000 overnight stays, 60.8% more than in March 2023, and the Canary Islands reached the highest occupancy rate, with 44.3%. By tourist areas, the Island of Mallorca was the chosen destination with more than 70,000 overnight stays.
MAY 2
The OECD raises Spain’s growth forecast to 1.8% in 2024
The Organization for Economic Cooperation and Development (OECD) has revised its growth forecast for Spain in 2024 upwards by three tenths, which it now estimates at 1.8%, after the 2.5% expansion in 2023, while which maintains the expectation of a rebound in activity to 2% by 2025.
In this way, the Spanish economy will continue to grow this year and next substantially above the euro zone average, whose expansion has been revised upward by the OECD to 0.7% and 1.5%, respectively, since 0.6% in 2024 and 1.3% in 2025, anticipated in February.
“Private consumption will support growth supported by a resilient labor market and increases in real incomes,” the OECD notes, adding that it expects Spain’s harmonized inflation rate to fall to 3% in 2024 and 2.3% in 2025. , while the underlying data would drop to 2.9% this year and 2.2% the next.
Likewise, the Paris-based organization anticipates that investment will remain weak in 2024, although it is confident that it will increase in 2025 due to the implementation of the Recovery, Transformation and Resilience Plan (RTRP), which is why it points among the risks to low for its forecasts, in addition to a further escalation of geopolitical tensions that would worsen demand from Spain’s main trading partners, a slower implementation of the Plan.
On the other hand, OECD projections suggest that Spain’s budget deficit will fall to 3.3% of GDP this year from 3.6% last year, while by 2025 the organization expects it to be reduced to 2. 6%.
Regarding public debt, the forecasts contemplate the ratio standing at 107.1% of GDP this year and falling to 106.7% a year later.
In this sense, the ‘think tank’ of advanced economies points out the high ratio of debt to GDP and the strong inclination of spending towards pensions, to the detriment of elements that improve growth, warning that spending related to aging will increase.
STRONGER FISCAL ADJUSTMENT.
In this way, he considers that Spain “will need stronger and more sustained fiscal consolidation in the medium term” to keep debt on a downward trajectory, comply with the fiscal rules proposed by the EU and create space for future spending priorities.
In the short term, to contain fiscal costs, it recommends that policies aimed at mitigating the impact of the energy price shock be transformed into “targeted income support for the most vulnerable.”
Likewise, to leave room for future spending pressures, according to the OECD fiscal consolidation should depend on mobilizing additional revenues by gradually broadening the VAT base and increasing environmentally related taxes and improving spending efficiency.
On the other hand, he maintains that to promote sustainable growth, it is necessary to increase productivity by promoting innovation, improving skills and strengthening educational results.
“A renewal of active labor market policies is necessary to improve the efficiency of labor recruitment and address skills mismatches”
MAY 1
The BVA proposes a merger by absorption of Banco Sabadell with an exchange of 1 new share for every 4.83
BBVA proposes a merger by absorption of Banco Sabadell with an exchange of 1 newly issued BBVA share for every 4.83 shares of Banco Sabadell, assuming that no distributions of dividends, reserves or any other distributions would be made by any of companies to their respective shareholders.
BBVA has communicated to the National Securities Market Commission (CNMV) the letter sent to the board of directors of Sabadell in which it includes the proposal for the potential merger operation between both entities.
The letter details that BBVA would attend to the exchange of Banco Sabadell shares through the issuance of new ordinary shares whose subscription will be reserved for holders of Banco Sabadell shares and for which admission to trading on the Spanish Continuous Market would be requested. in the remaining markets in which its shares are listed.
Furthermore, it is specified that three members of the current Board of Directors of Banco Sabadell, chosen by common agreement between both parties, would be proposed to be incorporated as non-executive directors to the BBVA Board of Directors at the time the merger materializes.
One of these directors would be proposed as one of the vice presidents of the BBVA Board of Directors.
HEADQUARTERS IN CATALONIA AND BRAND BBVA
The entity resulting from the merger would have one of its Group operational headquarters in Catalonia, which would be established in the Banco Sabadell corporate center in Sant Cugat.
The corporate name and brand would be those of BBVA, although the use of the Banco Sabadell brand could be maintained, together with the BBVA brand, in those regions or businesses in which it may have a relevant commercial interest, as detailed in the letter.
The merger would be subject to obtaining the corresponding authorizations or declarations of non-opposition from the competent supervisors (in particular, the authorization of the head of the Ministry of Economy, Commerce and Business) and from the competition authorities with jurisdiction (in particular, the National Markets and Competition Commission).
