Hotel prices in the Canaries continue to fall

The price per hotel room, per night in the Canaries, continues to fall below the National average and is currently €70.30 (compared to Madrid at €83 or Cataluña at €74). This amount has been falling since the beginning of the year, the highest drop being in April (5.7%) as follows (4.7% in May, 3.4% in June, 3.3% in July, 1.5% in August, 0.7% in September and 1% last month in October.