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MYR ASESORES | Blog
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19 Apr Hotel and non-hotel occupancy rates expected for April, May and June are 75%, 70% and the 69% and 67%, 60% and 60% respectivamente

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 48,08% of the managers of hotel establishments in the Canary Islands consider that the
performance of its business during the second quarter of 2024 will be favorable while the 11,74%
thinks it will be unfavorable. However, only the 32,8% of the people managing the
non-hotel establishments considers that the progress of the business will be favorable compared to the 20,59%
What do you think will be unfavorable?.

Regarding the trend of the main factors of the business climate for the second quarter
de 2024, in relation to the previous quarter, in general, establishment managers
hoteliers and non-hoteliers consider that they will maintain stable, siendo el 69% and the 81%,
respectivamente, in employment, el 68% in both in the investment, el 50% and the 49% at the level of
prices and the 41% and the 42% in billing.

Regarding the trend in the occupancy rate for the second quarter, en relación a 2023, el
46,47% and the 61,49% of the managers of hotel and non-hotel establishments consider
that will remain stable. We highlight, however, que el 34,63% of the managers of
hotel establishments consider that it increases, versus 18,08% of the managers of
non-hotel establishments.

Within the assessment of influential factors in the business, the shortage of labor stands out
both in hotel and non-hotel establishments with a 69,19% y un 50,01%, respectivamente.

Source:: Noticias Económicas de Canarias

      

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19 Apr La confianza empresarial en Canarias registra en el segundo trimestre de 2024 una subida del 0,3% with respect to the previous

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 24,0% of the managers of the Canarian establishments consider that the progress of their
negocio será favorable en el segundo trimestre de 2024, mientras que el 15,0% think it will be
unfavorable. The balance of expectations, calculated as the difference between the percentage of
favorable and unfavorable responses, se sitúa en 9,0 puntos, mejorando los 4,1 of the quarter
anterior.

En lo que respecta a la marcha de su negocio en el primer trimestre de 2024, el 30,0% of the
management people have had a favorable opinion. Por otra parte, el 15,0% has given his opinion
unfavorable, lo que hace que el balance de situación, calculado análogamente al de expectativas,
tome el valor 15,0, empeorando los 19,0 puntos del trimestre anterior.

Por islas, la confianza empresarial respecto al primer trimestre de 2024 has increased a 6,0% en
Fuerteventura, a 3,0% in El Hierro, a 2,3% en La Palma y un 0,2% in Lanzarote, while it has
disminuido un 5,2% en La Gomera, a 1,4% in Tenerife and a 0,4% in Gran Canaria. Regarding sectors
of activity, has gone up a 3,3% in construction, a 0,9% en la industria y un 0,6% en transporte
and hospitality, while it has dropped a 1,0% en otros servicios (services sector except trade,
transporte y hostelería) y un 0,9% in trade.

Source:: Noticias Económicas de Canarias

      

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19 Apr Update of data from the Active Population Survey (EPA) in the period 2021-2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In the fourth quarter of 2023, The new census data decreases the population of 16 and more years
en 65.538 people, which produces a drop in the total number of employed people, what is
esteem in 30.488 less, while the estimate of the number of unemployed decreases by 7.671.

With the new census data, the unemployment rate varies very little, under 6 tenths is the largest
difference in the entire period 2021 a 2023. In fact, for the fourth quarter of 2023, la tasa de
unemployment goes from 16,19% a 16,06%.

The activity rate and the employment rate vary very little. For the fourth quarter of 2023, la tasa
of activity goes from 60,53% a 60,55% and employment, de 50,74% a 50,83%.

Source:: Noticias Económicas de Canarias

      

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19 Apr Calls to 016 accumulated until February 2024 disminuyeron un 3% in the Canary Islands with respect to the same accumulated period of 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias During the month of February 2024 they attended 622 calls, a 8% more than in February 2023, en
which were attended 574. El 80% of the calls were made by the user, a 17% family members or
close people and a 3% other people.

Source:: Noticias Económicas de Canarias

      

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18 Apr Sales of the market services sector in the Canary Islands increased by 4,3% compared to February of the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In relation to the month of January, the monthly variation of the turnover of the Services Sector
Market is -0,3% in the Canary Islands, versus 2,1% registered in Spain, once they are removed
seasonal and calendar effects.

Source:: Noticias Económicas de Canarias

      

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17 Apr The number of companies in the Canary Islands registered with Social Security increased by 0,3% respecto a marzo de 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In terms of annual variation, the sector that grew the most with respect to March of 2023 It was that of the
Building, And he did it exactly a 1,2%. As for the rest of the sectors, The sector
Industrial grows a 0,6%, The services sector records a variation of the 0,3%, and the primary sector
suffers a fall from 1,3 puntos porcentuales.

Source:: Noticias Económicas de Canarias

      

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