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MYR ASESORES | Blog
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02 Jun The number of tourists arriving in the Canary Islands increases in April 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 7,1 por ciento. En términos reales
It supposes 99.215 more tourists. Decade 10 tourists who arrived in the Canary Islands, 9 They came from abroad.
This sector increased a 9,6 percent compared to the same month of the previous year. However, los
residents in Spain decreases by 11,2%.

United Kingdom remains the most important issuing market. Of the total tourists who came to
Canarias, a 34,2 percent did from the British islands, implying 512.513 people.
Germany and residents in the rest of Spain contributed a 17,4% y un 10% de los turistas,
respectivamente.

Tenerife was the island that received a greater number of tourists with 604.371 implying 4 decade 10
tourists who arrived. They are followed by Gran Canaria (25,2%), Lanzarote (18,3%) y Fuerteventura (14,9%).

El 69% of the tourists who arrived in April were among 1 and 7 nights in the archipelago. Por
the opposite, el 1,6% 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 50,3 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 83,6 percent of tourists who arrived in the Canary Islands in April.

Source:: Noticias Económicas de Canarias

      

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29 May Las ventas al por menor en Canarias aumentaron un 3,3% en abril de 2025 con respecto al mismo mes de 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The Canary Islands are in thirteenth position within the ranking of variations of this index
(3,3%). The greatest variations took place in the Valencian Community (6,9%), Cantabria (6,7%) and
Castile – La Mancha (5,2%). On the other side, the smallest variations occurred in Madrid (1,0%),
Asturias (2,1%) and Extremadura (2,4%). Taking into account the evolution of sales by groups in
Canarias, these went up a 6,3% en alimentación y un 2,1% en el resto.

Por su parte, employment in Canarian retail trade has increased by 2,0% in the last twelve
meses, while at the national level it has increased 1,2%. En este concepto, Canarias (2,0%) this
positioned in third position among the group of autonomous communities and cities, siendo
only surpassed by Navarre (2,9%) y Baleares (2,2%) while the lowest rates of variation are
have been given in Extremadura (0,1%), Asturias (0,1%) and Galicia (0,2%).

Source:: Noticias Económicas de Canarias

      

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29 May The number of holiday homes available in the Canary Islands increases in April 2025 over the same month of 2024

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 22 percent of these homes. In Lanzarote and
Fuerteventura is the 16% and the 13%, respectivamente, of this real estate park

In total there are more than 207.968 accommodation places available in holiday homes. This supposes
a 4 percent more compared to April 2024.

During the month of April, 45.169 homes received some reservation, lo que supone un 91 por ciento
of the total homes available on the digital platforms analyzed.

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. For this study, se
publish data on holiday homes that provide accommodation services in the Canary Islands and that
are offered on digital intermediation platforms.

Source:: Noticias Económicas de Canarias

      

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29 May The gross added value of Canarian companies grows by 12% en 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias This statistic includes several operations that allow us to know the main characteristics
structural and economic of companies. For this, variables related to personnel are analyzed.
busy, to turnover and other income, purchases and consumption, as well as investments and expenses
of personnel. The three major economic sectors studied are industry, commerce and
market services, not including public services.

Services sector

The gross added value of the market services sector in the Canary Islands grew by 13,2% en 2023. It is
This data is obtained through the difference between production and intermediate consumption of each of
the companies. The sector's turnover improved by 11,8%, while busy staff
alcanzó los 415.000 empleados, a 2,2% más que el año anterior.

This statistical operation publishes information on 37 subsectors, defined by the Classification
National Economic Activities (CNAE 2009). Among them, accommodation services and
restoration, that represent a 21,52% y un 11,68%, respectivamente, of the total number of
sector sales. Both subsectors employ more than 73.000 people in the Canary Islands, with the 18,2% and
17,7% respectively of the total of the sector.

The weight of the service sector in the Canary Islands over the total of Spain represents the 3,4% of the total
turnover and 4,8% of personnel employed throughout the country in 2023..

Commerce sector

En 2023, The Canarian commercial sector has not yet recovered the employment levels prior to the
pandemic. Se registraron 154.123 empleos, figure similar to that of 2022 (151.320 busy people),
but still lower than 159.676 de 2019.

This sector is divided into three subsectors: vehicle sales and repair (14.000 empleos),
wholesale trade (38.000 empleos) and retail trade (100.000 empleos).

In terms of added value, the sector grows 9% respecto al año anterior. The turnover
has experienced a growth of 1,58 % respecto al año 2022 y un 17,2% regarding the year of the
prepandemia (2019). This increase is mainly explained by the increase in prices of goods and
marketed services.

En el año 2023, el 3,41 percent of total retail sales in Spain took place in
Canarias, mientras que el 4,94% of people employed in this sector, they were in the archipelago.
These figures remain practically stable with respect to 2022, when they were from 3,4% and 4,8%,
respectivamente.

Sector industrial

The gross added value generated by this sector in 2023 has increased by 12,7%, mientras que el
employment drops slightly, con un 0,3% respecto al año 2022, standing in 39.557 workers.
Even so, The number of employed people continues above the level recorded in 2019, previous year
to the pandemic, con 39.491 empleados.

The sales figure has decreased by 5,05% with respect to the year 2022, alcanzando los 9.917 millones de
euros. However, if compared to the year 2019, aumenta un 33,5%.

In this sector, The manufacturing industry is the most significant branch in the Canary Islands, with a weight of
44,15% over the total industrial sector. Its turnover has increased, motivated by
price rise. However, The number of employed workers decreased by 2,27% en
comparison with the year 2022, and also decreased compared to pre-pandemic levels (2019).

Por su parte, the energy sector, the second most representative branch in the industrial sector
insular, con un 42,3%, has decreased by 20,09% its sales figure and 13,8% the workers
respecto al año 2022.

The industrial sector of the Canary Islands represents the 1,2% of sales nationwide and 1,7% of the
total employment in Spain in this sector. These values ​​remain stable over the year
anterior.

Source:: Noticias Económicas de Canarias

      

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23 May The year-on-year GDP grew in the Canary Islands by 3,4% versus 2,8% registered by the whole of Spain

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias En términos trimestrales, The Canary Islands GDP registered an increase of 0,5%, at the national level the economy
experienced growth in this quarter of the 0,6%. Data available by communities
autonomous reflect the following variations: Andalusia (0,6%), Navarra (0,5%), the Basque Country (0,6%) and
Cataluña (0,1%).

Source:: Noticias Económicas de Canarias

      

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22 May Calls to 016 accumulated until March 2025 disminuyeron un 15% in the Canary Islands compared to the same period of the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias During the month of March 2025 they attended 525 calls, a 17% menos que en marzo de 2024, en la
that were attended 630. El 74% of the calls were made by the user, a 21% family members or
close people and a 5% other people.

Source:: Noticias Económicas de Canarias

      

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