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Home Europa Press

Hotel income grows to 4,918 euros in the Canary Islands in 2023, 25.3% more than before the pandemic

January 24, 2024
in Europa Press
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Hotel income grows to 4,918 euros in the Canary Islands in 2023, 25.3% more than before the pandemic
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SANTA CRUZ DE TENERIFE, January 24. (EUROPA PRESS) –

Total income in hotel and non-hotel establishments reached a total of 4,918 million euros throughout the Canary Islands in 2023, 25.3% more than the 3,924 million euros in 2019, before the coronavirus pandemic, according to data from the Accommodation Survey Tourism of the Canarian Institute of Statistics (Istac) analyzed by the Observatory of Tourism Competitiveness and Sustainability of Ashotel.

This is the indicator that shows the best performance in relation to the number of travelers staying and overnight stays, which means that the average expenditure made in accommodation establishments has increased.

However, the employers’ association specifies in a note that interannual inflation must be taken into account, which can significantly alter the results.

In five of the seven islands, the total accumulated income is higher than those registered during 2019, except in La Palma (-21.5%, 33.5 million) and La Gomera (-1.8%, 34.2 million) .

On the positive side are, from highest to lowest percentage increase, Lanzarote (32.3%, 872.9 million), Fuerteventura (30.7%, 728.2 million), Tenerife (26.4%, 1,797 million) and Gran Canaria (20.2%, 1,448 million).

The hotel and non-hotel plant closed 2023 with 13.8 million travelers accommodated, a figure that represents 3.1% more than that registered in 2019, the pre-pandemic reference year, but experienced a 2.3% drop in overnight stays, close at 95.7 million compared to 97.9 million in 2019.

By island, La Palma continues to show negative behavior in the number of overnight stays in relation to its pre-pandemic data, as it experienced the worst performance of the archipelago in 2023 compared to 2019, with a drop of -45%, followed by La Gomera ( -22.6%), El Hierro (-12.6%) and Gran Canaria (-8.6%), while the island with the best records in this indicator was Fuerteventura, with an increase of 4.7%, followed from Tenerife (1.4%) and Lanzarote (0.1%).

In terms of hosted travelers, the island with the most notable increase was also Fuerteventura, with a growth of 10.6% (1.97 million), followed by Tenerife (7.2%, 5.3 million) and Lanzarote ( 3.5%, 2.5 million), while on the opposite side are again La Palma (-29.7%, 162,029), La Gomera (-26.7%, 128,495), El Hierro (-5 .2%, 20,400) and Gran Canaria (-2.5%, 3.8 million).

Likewise, regarding occupancy by position, the average throughout the Canary Islands during 2023 was 72.2%.

The island with the best average occupancy was Lanzarote (77.4%), followed by Tenerife (75.3%), Gran Canaria (69.3%), Fuerteventura (68.8%), La Gomera (56.9%). , La Palma (47.4%) and El Hierro (26.4%).

THE AVERAGE STAY EXCEEDS SEVEN DAYS

Regarding average stays, the Canary Islands closed last year with an average of 7.06 days, with the islands of Gran Canaria, Lanzarote and Fuerteventura above 7 days, Tenerife with 6.6 days of average stay, La Gomera ( 5.9 days), La Palma (5.4 days) and El Hierro (3.7 days).

The manager of Ashotel, Juan Pablo González, considers that 2023 “has closed with incontestable figures from the tourism point of view, and although the data is growing in terms of stayed travelers and income, overnight stays have not yet reached 2019, given that the average stays have fallen”.

González explains that “there is a trend that is being consolidated and that has to do with the fact that vacations are now usually divided into shorter periods, which has an impact on the average stays.”

Likewise, and with respect to total income, the manager of the hotel association comments that when two-year variables are compared with price components “inflation must be taken into account, so the percentage increases are not so high.” .

Compared to last year, the main indicators of this survey – travelers stayed, overnight stays and total income – are higher in all the islands except El Hierro, which registers -9.8% in total income.

However, in the global calculation of the Canary Islands, overnight stays grew by 10.4%, travelers staying by 9.2% and income by 18.4%.



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