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MYR ASESORES | Blog
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15 Nov El 34% of tourists who traveled to the Canary Islands during the third quarter of 2024 They did not consider another destination when choosing the trip

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 92,8% of the visits were made for holidays, leisure and entertainment, a 1,3% for business and
professional reasons, y un 5,9% for other personal reasons such as visiting family or friends,
education, health reasons.

The tourist stayed mainly in collective establishments (Hotels 58,8%, apartments 17,3%
).They also stayed in private accommodation, as a home or room rented to an individual
(14%) , Home of friends or family or own home or free home exchange (8%).

El 31,2% de los turistas que visitaron Canarias en el tercer trimestre de 2024 they did it with everything
including. The residents of Belgium were the ones who led this type of travel with the 37%
versus 12% of residents in Ireland who used the all-inclusive least.

The average stay of tourists is 9,2 days. The longest average stay was made by residents
in Italy, con 11,44 days and it was the residents in the rest of the national territory who
they had the shortest average stay, con 7,50 days.

El 64% of tourists have previously visited the Canary Islands. The average satisfaction rating
general of the trip to the Canary Islands is 8,50.

Source:: Noticias Económicas de Canarias

      

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14 Nov Prices fall in the Canary Islands for the fifth consecutive month

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias At the national level the rate takes the value of 1,8%, which is three tenths more than in the
archipelago.

sheep meat (18,5%) , oils and fats (12,2%), and heating, lighting and distribution
agua (6,7%) They are among the most inflationary goods and services. Por otra parte, se
have produced decreases in 9,7% in potatoes and their preparations, of the 5,4% in clothing
child and baby and 3,9% in milk.

The monthly variation rate for October in the Canary Islands took the value 0,5%, placing the variation in
so far this year 1,6%.

Por otra parte, the annual rate of the general index without unprocessed foods or products
energetic (core inflation) take the value 2,2%. Also in this case there is a clear trend
of prices down since March 2023, when he stood in the 7,9%. At the state level this rate
reaches the 2,5%, three tenths above the value registered in the Canary Islands.

Source:: Noticias Económicas de Canarias

      

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13 Nov Spending by tourists visiting the Canary Islands increases in the third quarter 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The average expenditure per tourist was 1485,98 euros, with an annual decrease of 0,98%. The average expense
diary that each tourist makes is located in 180,36 euros. This data is higher than that given in the
second quarter of 2023 (177,62 euros).

The main emitting countries in terms of spending level were the United Kingdom (with the 41,1% of the
total), Alemania (16,4%) and the rest of the territory of Spain (7,8%). Desde la perspectiva del destino,
Tenerife led tourist spending, con un 41,7% del total de Canarias, seguida de Gran Canaria
(23,4%), Lanzarote (18,8%) Fuerteventura (15%) y La Palma (0,9%).

Accommodation spending was the main expense item, con un 40,3% of the total expense and a
annual increase of 1,3%. The following items were the expenditure on international/national transportation
and food, con un 30,2% y un 14% of the total, respectivamente.

Micromercados

From Germany, The region of North Rhine-Westphalia was the one that accumulated the highest amount of spending,
con un 13,48% del total del gasto de este país. From United Kingdom, the region that contributed the most to spending
was South East England, con un 9,53% del total del gasto de este país.

Source:: Noticias Económicas de Canarias

      

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13 Nov The number of work accidents resulting in sick leave in the Canary Islands is at 20.953 so far this year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias By economic sectors, The number of accidents during work hours so far this year was 765
in agriculture, 1.288 en industria, 2.526 under construction and 13.634 in the service sector. Regard
de septiembre de 2023, There is a decrease in the number of accidents in agriculture and in
building, while they rose in industry and services.

The monthly incidence rate is 227,1 for accidents with sick leave during the working day and 0,16 para
fatal accidents. By economic sectors, the index is higher in construction (469,7), followed by
agriculture (437,1), industry (351,3) and services (196,4).

Source:: Noticias Económicas de Canarias

      

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08 Nov El Índice de Confianza del Consumidor en Canarias se sitúa en 72,5 points in the third quarter of 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The Consumer Confidence Index measures the level of optimism about the current situation and the
future expectations of citizens in the Canary Islands. Respondents must evaluate each
situation as equal, better or worse and with these data an index is calculated that takes a value between 0 and
200. If the index is above 100 It is understood that there are more favorable opinions than
desfavorables.

Both components of the index fell to the same extent. The Current Situation Index fell 0,8 puntos
and the Expectations Index 1,2 puntos. In this way, The Current Situation Index is located at
68,4 puntos, while the Expectations Index is 76,7 puntos.

The Consumer Confidence Index fell, compared to the previous quarter, in the south and north
de Gran Canaria, in the south of Tenerife, La Gomera, Fuerteventura and Lanzarote. Por el contrario,
went up in La Palma, the north of Tenerife and El Hierro. In the metropolitan areas of Gran Canaria and
Tenerife values ​​remained similar to the previous quarter. The highest values ​​of this
index are given in Lanzarote (83,6), Fuerteventura (80,4) y La Palma (76,2). The lowest values ​​of
This index is given in El Hierro (60,3) and La Gomera (62,8).

Source:: Noticias Económicas de Canarias

      

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08 Nov The year-on-year GDP grew in the Canary Islands by 4,3% versus 3,4% 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 0,8%. Data available by communities
autonomous reflect the following variations: Andalusia (1,0%), Navarra (0,6%), the Basque Country (0,4%) and
Cataluña (0,9%).

Source:: Noticias Económicas de Canarias

      

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