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Posts Tagged ‘economy’

Tourism spend in the Canaries up by over 13% in 2011

Tourists spend Money

Tourists that have visited the Canary Islands have so far this year (2011) spent over €8 million on their visits to the islands, a 13.1% rise when compared to 2010, according to data released today by the Ministry of Industry, Tourism and Trade. According to figures from the Tourism Expenditure Survey (Egatur), Canary Islands are [...]

Canaries tourism register 19.2% increase compared to 2010

tourism increase in canary islands

During October 2011, the Canary Islands registered an increase in tourism with 947,782 tourists visiting the islands during the month. This is a 15.7% increase compared to the same month during 2010 and is an increase of 18.3% when compared with the previous month of September 2011. In the first ten months of this year (2011) over 8.3 million tourists have visited [...]

Tenerife features in Thomson TUI’s new promotional video

Thomson TUI

The British tour operator Thomson, part of TUI, has launched the largest promotional campaign in its history with an investment of €5.8 million, with a video campaign which was filmed in Tenerife . The ‘spot’ has been broadcast in prime time on some of the most watched programs in the UK such as  ‘X Factor’, [...]

Property prices fall over 20% in the Canaries

house sale sign canary islands

The average price of property has fallen 20.5% in the Canary Islands since they reached their highest value, while during the month of October 2011, they dropped by 3.4% when compared the same month last year (2010). In the whole of Spain, the average price of housing fell by 6.9% in October compared to the same month in 2010 accumulating a fall of 23.7% since its peak in late 2007, according to data released by Tinsa on [...]

Car sales in the Canaries decline over 16 months to 1980′s figures

car sales canary islands

Car sales in the Canary Islands have dropped to levels seen in the 1980′s according to figures recently released. In October, private car sales followed a 16 month consecutive drop and fell by 14.2% to 31,195 units. In the frirst ten months of the year car sales  have dropped by 37.3% when compared to last [...]

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