MYR ASESORES | The number of holiday homes available in the Canary Islands increases in October 2024 over the same month of 2023

28 Nov The number of holiday homes available in the Canary Islands increases in October 2024 over the same month of 2023

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By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Most of this type of housing is on the island of Tenerife., that has the 41 por
hundred. In Gran Canaria are located the 21 percent of these homes. In Lanzarote and
Fuerteventura is the 16,7% and the 13,8%, respectivamente, of this real estate park

This statistical operation, which has published data for the first time this year, is included in the
Collective Tourist Accommodation Survey. To obtain the information, a
massive analysis of the data offered by the digital platforms where the companies are advertised
viviendas. For this, a big data technique called scraping has been used.. This process
allows you to have a large volume of constantly updated information.

In total there are more than 202.500 accommodation places available in holiday homes. This supposes
a 8,8 percent more compared to October 2023.

During the month of October, 45.424 homes received some reservation, lo que supone un 94,68 por
percent of the total homes available on these digital platforms. This record also
experience a continuous rise. In the last year there has been an increase 15 por ciento, according to the data that
ISTAC provides.

Accommodation offer

The objective of this experimental statistical operation is to offer monthly indicators of the
ability, the occupancy and profitability of the vacation home that is available in the
platforms analyzed in the reference month, among other data of interest to the sector.

As this is data similar to that obtained with traditional accommodation surveys
hotel and non-hotel, allows comparison between both typologies. This contributes to having a
more complete vision of the tourist accommodation offer in the Canary Islands.

For this study, Data is published on vacation homes that provide vacation rental service.
accommodation in the Canary Islands and that are offered on digital intermediation platforms. This type of
housing is included in the code 55.2 of the National Classification of Economic Activities
(CNAE) 2009.

Source:: Noticias Económicas de Canarias