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MYR ASESORES | Blog
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14 May The number of companies in the Canary Islands registered with Social Security increased by 0,3% respecto a abril de 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In terms of annual variation, the sector that grew the most compared to the month of April 2025 was the
Construction, And he did it exactly a 1,65%. As for the rest of the sectors, The sector
services records a variation of the 0,35%, the industrial sector and the primary sector register
falls of 0,99 and 3,43% respectivamente.

Source:: Noticias Económicas de Canarias

      

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13 May The number of work accidents in the Canary Islands decreases in March

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Regarding minor accidents (6.614 until March), there was a decrease in 3,2%. The accidents
serious or very serious, Until March of this year, 47 for the 40 what was in 2024. En
the first three months of this year there have been 8 fatal accidents; in the same period of 2024
was 5 deceased due to work accident.

Por provincias, the number of work accidents decreased in Santa Cruz de Tenerife by 3,2% y un
3,3% in Las Palmas, with respect to the accumulated in March 2024.

In relation to the number of affiliated workers, until March 2025 was 209,82 accidents
labor for each 100.000. This data is the Incidence Rate and is lower than in the same
period of 2024, when was 227,46 accidents for each 100.000 affiliates. To calculate this
index, The workers who contribute and who have recognized contingencies are taken into account.
professionals.

The construction sector is the one that registers the highest incidence, con 445,13 accidents for each
100.000 workers, followed by agriculture (351,54). In the first case, They registered 807
work accidents with sick leave between January and February 2025. In agriculture there was 207 in this
period. in the industry, the index was 328,67 (405 accidentes). The service sector is the one that
records a greater number of accidents (4.332) but it also has a larger number of workers,
so the index is the lowest of all sectors (182,14 accidents for each 100.000
workers).

Source:: Noticias Económicas de Canarias

      

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06 May The average number of affiliations in the Canary Islands for the month of April rose by about 1.732

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Average affiliation increased in men and women By regimes, rose so much in the general regime
as in the self-employed. Membership also increased in all economic sectors.. En el
sector servicios, The largest increases occurred in education and health and safety activities.
social services. On the other side, average membership fell in hospitality, with almost 600 positions of
work less.

The month of April ended with 932.256 high affiliations, nails 281 less than at the end of March.
It should be noted that in one year there has been a 3,2% growth in memberships in order to
month to Social Security

Source:: Noticias Económicas de Canarias

      

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06 May Registered unemployment drops in April 2025

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Registered unemployment fell in men and women. Although it fell in all age groups, the oldest
percentage decrease occurred in those under 25 years old, with a rate of -12,2%. In contrast,
the drop in the group 50 and more years he did not even reach 1%

All economic sectors improved with respect to registered unemployment. El colectivo de personas sin
previous employment decreased by 4,2%. In hospitality, unemployment barely fell, remaining in figures
similar to those in March. Por islas, registered unemployment fell in all of them.

Source:: Noticias Económicas de Canarias

      

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05 May The number of tourists arriving in the Canary Islands remains the same in March compared to the same month of the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Regarding the same month of 2024 There has been an increase in 0,04 por ciento. En términos reales
It supposes 706 more tourists. Decade 10 tourists who arrived in the Canary Islands, 9 They came from abroad. It is
sector increased by 0,5 percent compared to the same month of the previous year. However, the residents
in Spain it decreases 5%.

United Kingdom remains the most important issuing market. Of the total tourists who came to
Canarias, a 32,1 percent did from the British islands, implying 555.257 people.
Germany and residents in the rest of Spain contributed a 17,8% y un 7,8% de los turistas,
respectivamente.

Tenerife was the island that received a greater number of tourists with 677.689 implying 4 decade 10
tourists who arrived. They are followed by Gran Canaria (27,3%), Lanzarote (17,6%) y Fuerteventura (14,6%).

El 68% of the tourists who arrived in March were among 1 and 7 nights in the archipelago. Por
the opposite, el 2,5% made stays of more than 31 days. The main reason for the trip was the
Vacation.

Nearly half of the tourists who arrived in the Canary Islands did so with a tourist package
hired, that is to say, with a service that includes at least transport and accommodation and that has a
indivisible price. Specifically the 50,8 percent of tourists arrived with this service
hired.

By types of accommodations, Hotels and apartments are still preferred by tourists. En
These establishments lodged the 81,6 percent of tourists who arrived in the Canary Islands in March.

Source:: Noticias Económicas de Canarias

      

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29 Apr Most tourist establishments expect equal or greater occupancy for this quarter

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Por islas, en La Gomera (64,2%) and in Fuerteventura (39,7%) It is where the majority
hotel occupancy expectations are higher, while in Tenerife (12,2%) and in El Hierro
(11,5%) marks its lowest values. The highest category establishments (4 and 5 estrellas) son
more optimistic about the increase in employment.

Regarding tourist apartments, the data is similar, although one in three (el
29,8%) believes that occupancy will decrease this quarter . In the distribution by islands it is observed that
el 29,8% of apartment managers in Tenerife consider that there will be a higher occupancy
in this second quarter. Most establishments, el 51,7%, expect a trend
similar to the previous quarter.

Business evolution

El 43,6% of hotel managers predict that the performance of their business will be favorable in this
trimestre, while a 13,4% considers that there will be an unfavorable evolution. In the case of the
apartments, el 34,2% percent expect a positive development for their businesses; this data is more
higher the higher the category of the establishment.

Lack of labor

Among the factors that limited activity in hotels during the last quarter, the lack
of personnel is the one that has the greatest impact. Almost 7 decade 10 businesspeople (65,4%) consider
which is an influential factor. Increased competition would be another important factor.

Regarding the policies implemented by the administrations, hotel managers and
apartments positively value tourism promotion and environmental protection, mientras
that on the negative side would be urban planning.

Regarding the external factors that influence the activity of hotels and apartments, value of
positively the climatological factor, while air and sea transport prices are
which gives rise to a greater number of negative opinions.

Source:: Noticias Económicas de Canarias

      

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