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Tourist Spending in the Canary Islands Increases by 10% in Q4 2024

Tourist Spending in the Canary Islands Increases by 10% in Q4 2024

Tourism continues to drive the economy of the Canary Islands. According to data from the Tourist Expenditure Survey published by the Canary Islands Institute of Statistics (ISTAC), visitors to the archipelago spent a total of €6.175 billion during the fourth quarter of 2024, representing a 10% increase compared to the same period in the previous […]

Tourist Spending in the Canary Islands Increases by 10% in Q4 2024 Read More »

Canary Islands Close 2024 with a Record 17.77 Million Tourists

Canary Islands Close 2024 with a Record 17.77 Million Tourists

Tourism in the Canary Islands continues to thrive, closing the year with record-breaking numbers. According to the Tourist Movement Statistics at Borders by the Canary Islands Institute of Statistics (ISTAC), 1.67 million tourists visited the archipelago in December, bringing the total for the year to 17.77 million visitors. This represents a 6.67% increase compared to

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International Tourist Spending in Spain Increases by 7% in December and 16.1% in 2024

International Tourist Spending in Spain Increases by 7% in December and 16.1% in 2024

Tourism in Spain continues to be one of the most dynamic sectors of the economy. In December 2024, the total spending by international tourists reached €7.589 billion, representing a 7.0% increase compared to the same month in the previous year. This growth reflects the ongoing trust and appeal Spain holds for international travelers. In addition

International Tourist Spending in Spain Increases by 7% in December and 16.1% in 2024 Read More »

Non-Hotel Tourism Ends 2024 with 3% Annual Growth Despite December Decline

Non-Hotel Tourism Ends 2024 with 3% Annual Growth Despite December Decline

The non-hotel tourist accommodation sector in Spain closed 2024 with a 3.0% increase in total overnight stays compared to 2023, reaching 142.6 million. However, December saw a 3.5% drop compared to the same month last year, with a total of 6.8 million overnight stays. The decline in December was driven by a 7.1% drop in

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Vacation Rental Supply in the Canary Islands Increases in December 2024 Compared to the Previous Year

Vacation Rental Supply in the Canary Islands Increases in December 2024 Compared to the Previous Year

Growth in Available Vacation Rentals In December 2024, the Canary Islands recorded 50,398 available vacation rental properties, marking an 8% increase compared to the same period in 2023. This data comes from the Experimental Statistics on Vacation Rentals published by the Canary Islands Institute of Statistics (ISTAC). Tenerife hosts the majority of these properties, accounting

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Europeans Spend an Average of One Week When Traveling Within the EU

Europeans Spend an Average of One Week When Traveling Within the EU

In 2023, European tourists traveling to another EU country stayed an average of 6.9 nights. However, the length of stay varied significantly by destination: in Estonia, it was 3.4 nights, while in Greece and Cyprus, it exceeded 9 nights. Factors Influencing Trip Duration Differences in trip length are linked to accessibility and distance from major

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Outlook for the Hotel and Non-Hotel Sectors in the First Quarter of 2025: Moderate Optimism and Stability in Key Factors

Outlook for the Hotel and Non-Hotel Sectors in the First Quarter of 2025: Moderate Optimism and Stability in Key Factors

Expected hotel and non-hotel occupancy rates for the first three months of 2025 are 82%, 76%, and 71% for hotels, and 85%, 80%, and 73% for non-hotel establishments. Additionally, the confidence index for hotels shows a 1.73% increase compared to the same period in 2024, while the index for apartments decreases by 0.68%. 55% of

Outlook for the Hotel and Non-Hotel Sectors in the First Quarter of 2025: Moderate Optimism and Stability in Key Factors Read More »

Residents in Spain Undertook 60.4 Million Trips in the Third Quarter of 2024

Residents in Spain Undertook 60.4 Million Trips in the Third Quarter of 2024

During the third quarter of 2024, residents in Spain made a total of 60.4 million trips, representing a slight decrease of 0.2% compared to the same period in 2023. Domestic trips declined by 2.2%, while international trips saw a significant increase of 15.5%. Travel Purposes and Accommodation Trends Leisure, recreation, and vacation trips decreased by

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The EU Reaches a Record High in Tourist Overnight Stays in 2024, Says Eurostat

The EU Reaches a Record High in Tourist Overnight Stays in 2024, Says Eurostat

Tourism in Europe hit a milestone in 2024, with an estimated total of 2.99 billion overnight stays in tourist accommodation establishments, surpassing the previous year by 53.4 million stays, a growth of 2%, according to preliminary estimates from Eurostat. Growth Driven by International Guests The increase in overnight stays was primarily driven by a significant

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Eurostat: Overnight Stays Booked Through Online Platforms Increased by 18% in Q3 2024

Eurostat: Overnight Stays Booked Through Online Platforms Increased by 18% in Q3 2024

The short-term rental sector in the European Union continues to show robust growth. During the third quarter of 2024, guests spent 366.2 million nights in short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, and Tripadvisor. This remarkable figure represents an 18% increase compared to the same period in 2023, according to data

Eurostat: Overnight Stays Booked Through Online Platforms Increased by 18% in Q3 2024 Read More »

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