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Home Europa Press

Hotel revenues grow by 5.8% in the Canary Islands in 2022, to 4,154 million, with fewer overnight stays

January 23, 2023
in Europa Press
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Hotel revenues grow by 5.8% in the Canary Islands in 2022, to 4,154 million, with fewer overnight stays
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SANTA CRUZ DE TENERIFE, 23 Jan. (EUROPA PRESS) –

Hotel revenue grew 5.8% last year in the Canary Islands to 4,154 million compared to 2019 –230 million more–, before the coronavirus pandemic, and in a context of a drop in overnight stays with a total of 86 .7 million, 11.5% less, according to data from the Ashotel Tourism Competitiveness and Sustainability Observatory collected through Istac.

The Canary Islands closed 2022 with a total of 12.6 million tourists staying, which is still 5.6% compared to 2019, when it ended with 13.4 million.

On five islands, the total accumulated revenues are higher than those registered during 2019, with El Hierro presenting the best data (3.5 million, +28.3%).

Also Lanzarote (735.4 million, +11.4%), Fuerteventura (614.1 million, +10.2%), Tenerife (1,528.9 million, +7.5%) and Gran Canaria (1,210 million, + 0.4%) show positive figures and continue, on the other hand, with indicators lower than those of 2019 La Gomera (30.37 million, -12.7%) and La Palma (32 million, -25%).

With regard to overnight stays, all the islands are at lower figures than those of 2019 and the largest decrease occurred in La Palma (-46%), followed by La Gomera (-28.8%).

With falls of between 10% and 20% were Gran Canaria (-19.7%) and El Hierro (-17.8%) while the islands of Tenerife (-7.7%) Lanzarote (-7, 6%) and Fuerteventura (-3.8%) show the smallest decreases.

In the case of lodged travelers, the trend is very similar to overnight stays, Fuerteventura being the only one that increased its figures compared to 2019 with an increase of 3.9%.

The islands of Tenerife (-1.9%) and Lanzarote (-4.6%) experienced decreases below 10%, while La Gomera (-30.5%), La Palma (-30%), Gran Canaria (-12.8%) and El Hierro (-11%) registered worse figures.

In terms of occupancies per square last December, the average throughout the Canary Islands was 68.84%.

The island with the best average occupancy was Tenerife (71.41%), followed by Gran Canaria (70.78%), Lanzarote (70.75%), Fuerteventura (61%), La Gomera (60.2%), La Palma (46.83%) and El Hierro (20.76%).

Although many of the indicators still do not exceed the figures for 2019, they have done so compared to 2021, as overnight stays have increased by 115.7%, with 46.5 million more overnight stays.

Hosted travelers also show a significant increase compared to 2021, 99.7% more and 6.3 million more guests and total revenue also improves considerably, 120.2%, which represents 2,268 million more euros.



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