Spain approves €7 million hotel grants in Granada province

The Spanish central government, through the Commission Delegated for Economic Affairs and a Ministry of Finance order, approved regional subsidies totaling €6,915,945.92 for two hotel projects in the province of Granada. The company Fuerte La Herradura, S.L. in Almuñécar will receive €6,043,962.08, enabling an investment of €26.3 million and the creation of 90 jobs. Falstacen, S.L. in Motril will be granted €871,983.84, supporting a €6.2 million investment and nine new jobs. The subsidies are part of a national programme that has approved 97 projects with more than €281 million in funding, aiming to sustain existing employment and generate roughly 2,800 additional positions across Spain.