The $43B Big Pharma Story is Starting Over-With a New Player

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

No, Spain isn't banning tourists. Here's what to know before planning a trip

DEE-ANN DURBIN
January 27, 2025

MADRID (AP) -- Spain attracted a record 94 million tourists last year, making the Southern European nation famous for its Mediterranean coastline, sweeping landscapes and historic cities among the most visited countries on earth.

The surge in visitors has stoked complaints at times from some Spaniards about "overtourism, " with concerns about overcrowding, water use and particularly the availability and affordability of housing.

Spain's government has started listening to demands for more regulation, particularly around housing in Spain's big cities, where rising home and rental prices have become a key concern for voters. Earlier this month, Spanish Prime Minister Pedro Sánchez introduced a 12-part plan to tackle the housing crisis, with measures aimed at bringing stricter regulations to short-term rentals that mainly cater to tourists.

But that doesn't mean Spain is putting the brakes on tourism, an industry that accounts for about 12% of its GDP.

Here's what you should know before planning a visit:

Is Spain restricting tourists?

No, but some cities have started to regulate tourism rental properties.

Malaga, an Andalusian port city on the southern Mediterranean coast of Spain, will prohibit new rental properties in 43 neighborhoods of the city where those rentals exceed 8% of the residential stock. The policy went into effect earlier this month and will be tested for three years.

Meanwhile, Barcelona plans to close down all of its 10,000 apartments licensed as short-term rentals in the coming years to safeguard the housing supply for full-time residents. The Mediterranean city known for its beaches, art and surrealist architecture announced last year that it would not renew any new tourism apartment licenses after they expire in 2028.

Can tourists still book hotels and other accommodation?

Yes. Tourists can book hotel stays and short-term apartment-style rentals just about anywhere in Spain.

What's prompting Spain to take these measures?

Spain is in the throes of a growing housing affordability problem. Skyrocketing rents are particularly acute in cities like Barcelona and Madrid, where incomes have failed to keep up, especially for young people. Housing prices are also steadily rising, especially in cities and coastal areas.

Short-term contracts mainly offered for tourists are seen as driving up rental costs for locals, too.

What else should visitors know before booking travel?

Visitors renting a car in Spain or booking hotel stays will also have to file more paperwork thanks to a new law that requires hotel owners and car rental companies to send personal information to the government for national security reasons.

Passport details, home addresses and payment information used by travelers above 14 are among the details that will be collected.

Continue Reading...

Popular

Bulgaria's government withdraws controversial budget after major protests

SOFIA, Bulgaria (AP) — Bulgaria's government said Tuesday it is withdrawing a controversial budget proposal after protests against it drew tens of thousands of people and saw clashes between police and protesters.

Turkey's energy minister warns of threat to oil and gas supplies after tankers targeted

ISTANBUL (AP) — Turkey’s energy minister issued a call for the supply of oil and gas in the Black Sea to be protected after three off the Turkish coast.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Micron Kills 'Crucial' Consumer Unit To Chase AI Gold Rush

Micron Technology, Inc. (NASDAQ: MU) slides after exiting Crucial consumer business to focus on AI-driven data center demand.

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Trump 'Very Seriously' Considering Australian Retirement Savings System For US Working People: 'It's A Good Plan'

President Donald Trump has revealed that his administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States.

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

NEW YORK (AP) — President Donald Trump denounced ABC News' Mary Bruce as a “terrible reporter” Tuesday and threatened the network's license to broadcast after she asked him three sharp questions at the White House.

D.C.'s Quiet Plan for a New Tech Era - Ad

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Iran's currency falls to a new low as nuclear sanctions squeeze its ailing economy

TEHRAN, Iran (AP) — Iran’s rial currency fell Wednesday to a new low of 1.2 million to a U.S. dollar as nuclear sanctions squeeze Tehran’s ailing economy.

Scaramucci Says This One US Mistake Helped China Become a Manufacturing Superpower

Anthony Scaramucci recently highlighted what he considers a significant error by the US that enabled China to ascend as a manufacturing superpower.

The New Payments ETF Is Live on NASDAQ: - Ad

Money is moving to real-time rails, and a newly listed ETF now gives investors direct exposure. Fast settlement. Institutional custody. Simple access.

Deadly Asian floods are no fluke. They’re a climate warning, scientists say

HANOI, Vietnam (AP) — Southeast Asia is being pummeled by unusually severe floods this year, as late-arriving storms and relentless rains wreak havoc that has caught many places off guard.

US air travelers without REAL IDs will be charged a $45 fee

Air travelers in the U.S. without a will be charged a $45 fee beginning in February, the Transportation Security Administration announced Monday.

The Next ETF Era Begins with Payments - Ad

After Solana and Hedera, another digital-asset ETF has arrived and it targets global money movement.

(Micro)Strategy's Structural Reset: Why Markets Are Repricing MSTR Beyond Bitcoin

The recent decline in Strategy's (NASDAQ:MSTR) stock price is not a simple pullback, nor is it a reaction driven by short-term sentiment. What is unfolding around MSTR is a broad structural repricing.

What's Going On With Home Depot Shares Monday?

Home Depot, Inc. (NYSE:HD) shares are bouncing around Monday ahead of earnings later this week. Here's what you need to know.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979

Silver prices surge over 5% as investors rush to secure metal amid tight supplies and global shortage concerns, driving up stocks and mining equities.

$270,000 Drug. One Competitor. Billion-Dollar Market. - Ad

Phase 3 trial targets recurrent pericarditis with an oral therapy that could disrupt the only approved treatment. And their heart failure program launches in 2026.

Airbus cuts 2025 delivery target due to A320 fuselage panel issue

PARIS (AP) — Aerospace manufacturer expects to deliver fewer planes than planned this year following an used on some A320 planes.

The Repeatable Strategy Behind 20+ Early Memecoin Wins (Revealed) - Ad

Few analysts have been able to consistently spot strong memecoin setups, but our team has developed a repeatable framework that has helped them identify high-momentum plays early. Now they've uncovered a new project showing similar characteristics, and they want you to see the full breakdown yourself.

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

Trump administration says it will withhold SNAP from Democrat-led states if they don't provide data

WASHINGTON (AP) — President Donald Trump's administration said Tuesday that it will move to withhold SNAP food aid from recipients in most Democratic-controlled states starting next week unless they provide information about those receiving the assistance.

Eric Trump Says He's Not Selling As American Bitcoin Shares Crash 38%: 'Fundamentals Are Virtually Unmatched'

American Bitcoin Corp. shares modestly recovered in Tuesday's after-hours trading following a sharp drop triggered by the expiration of the lockup period for investors, including co-founder Eric Trump.

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Bill Gates' Daughter Phoebe's AI Shopping Assistant Found Collecting Extensive User Data: Report

Phia, co-founded by Phoebe Gates, has been found collecting extensive user data through its browser extension, raising privacy concerns.

Warren Buffett Initiates Alphabet Position, Trims Apple In Q3 — Here Are Berkshire's Moves

Warren Buffett's Berkshire Hathaway took a new stake in a member of the Magnificent Seven, while lowering its stake in Apple in the third quarter.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Shaquille O'Neal Says His Naive Pitch Nearly Wrecked His Wealth: 'If I Get Your Million Now, In A Couple Years, It Will Be A Couple Million'

Shaquille O'Neal has made a remarkable transition from his illustrious sports career to becoming a successful business entrepreneur, with a portfolio estimated to be worth around $500 million.

Bitcoin To $93,000 As Ethereum, XRP, Dogecoin Continue Relief Rally

Bitcoin has bounced back to $93,000 on Wednesday as liquidations hit $480.68 million over the past 24 hours. Bitcoin ETFs saw $58.5 million in net inflows on Tuesday, while Ethereum ETFs reported $9.9 million in net outflows. Santa Rally On Menu?

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Peter Schiff Says Bitcoin Buyers Have Only One (Unlikely) Hope To Bail Them Out

Bitcoin's (CRYPTO: BTC) slide through key support levels has brought long-time critic and gold advocate Peter Schiff back into the spotlight—and he's

D.C.'s Quiet Plan for a New Tech Era - Ad

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service