April 2024

EU tourism enterprises employ 11.3 million people Nearly one in ten companies in the EU belongs to the tourism sector, according to Eurostat. These companies, totaling 2.4 million, employ 11.3 million people, representing 8.6% of all employees in the non-financial business economy and 20.5% of the services sector. Despite its importance in terms of employment, […]

Canary Islands: Strong rebound in tourism in March with an 11% increase in overnight stays According to data published by the Canary Islands Institute of Statistics (ISTAC), the tourism sector in the Canary Islands experienced significant growth during the month of March 2024, with a total of 8.9 million overnight stays recorded in hotels and

Will the expectations be met? The Canary Islands are expecting a moderately positive second quarter for hotel occupancy, according to the latest ISTAC forecasts. Occupancy rates are projected to be 75%, 70%, and 69% for April, May, and June, respectively, for hotels, and 67%, 60%, and 60% for tourist apartments. However, expectations among hoteliers and

Accommodation and Catering: A Key Sector for the EU Economy According to the latest statistics from Eurostat, the accommodation and food service sector in the European Union (EU) employed 9.9 million people in 2021, representing 6.3% of total employment in the business economy. The sector also generated a value added of €203.6 billion, equivalent to

Canarias receives 17% more tourists in February 2024 More than 1.5 million visitors arrived in the Canary Islands by air in February 2024, representing a 17% increase compared to the same month of the previous year. International tourists were the main contributors to this growth, with an increase of 17.23%, while domestic tourists also experienced

The opinion of residents matters The Canary Islands Statistics Institute (ISTAC) has launched a new module within the Survey of Socioeconomic Habits and Confidence (ECOSOC) to gauge residents’ perceptions of tourism in the archipelago. What do they want to know? The study seeks to explore the Canary Islanders’ assessment of the economic, social, cultural, and