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Gran Canaria

Will your Canary Islands holiday be cheaper in 2019?

Recently I reviewed tourist visitors numbers to the Canary Islands in 2018. I am going to continue looking at monthly visits to the Canary Islands in 2019.

Before I take a look at January visits to the Canary Islands in January 2019 a summary of 2018.

2018

International visits were down 2.8%, and visits from mainland Spain were up 2.4%. Hotel rooms and apartments sold in 2018 were down by 4 million nights sold v 2017. The increase in mainland Spain visits was not enough to replace international visitors because visitors from abroad stay longer.

The average daily price charged for Hotel rooms/Apartments rose by 1.9% in 2018 to 80.98 Euro. Most of the rise was in the first part of 2018.

So how did 2019 start for the Canary Islands?

It is worth noting that January 2018 was a busy month as it followed a record 2017.

International visitors arriving at all Canary Islands were down 2.5% on January 2018. Visitors from mainland Spain are up 9.1% v January 2018. Total visitors are down 0.1%. Overall visitors are marginally down 0.1% but remember visitors from outside Spain stay on average 45% longer so are more important to the Islands.

Where have all the Scandinavians gone?

A trend I saw in 2018 continued in January 2019. The important Sanandanian market is currently on the decline. Arrivals in January 2019 from Sweden are down -18.2%. Denmark -18.2%. Norway -6.3% and Finland -5.4%. A week ago I was in a large well known Irish Bar in Puerto Rico Gran Canaria, and one of the staff said they had noticed a lot less Scandinavian customers so far this year.

The key U.K market despite Brexit worries was up 1.6% in January v January 2018. Irish visitors are up 1.5%.

Interestingly Tenerife bucked the trend and was the only Island that showed an increase in international visitors arriving at 2.9%.

Bednights

The number of bed nights sold on the Canary Islands in January 2019 is down 5.5% on the same month 2018 for international and Spanish mainland visitors.

How full were the Hotels/Apartments in January 2019?

The average Hotel/Apartment occupancy was 81.1% in January 2019. While this is quite high, it is 4.2% down on January 2018.

The average daily price Hotels/Apartments charged in January 2019 was 86.30 Euro. Down 2.8% v the same time in 2018.

If you are looking for value in 2019 maybe apartments are the way to go. Apartment prices dropped by 9.6% as against -0.9% for a hotel room per day.

Summary per Island January 2019 v January 2018

Lanzarote

International visitors -0.4%. Mainland Spain +5.7%. Total +0.4%

Bed nights sold -3.7%

Hotel/Apartment occupancy 81.3% down 2.22%

The average daily price charged Hotel room/Apartment 73.20 down -9.4%.

Lanzarote was the cheapest of the main Islands for overall accommodation in January 2019.

Fuerteventura

International visitors -11.4%. Mainland Spain +16.3%. Total -8.7%

Bed nights sold -13.5%

Hotel/Apartment occupancy 70.1% down -13.96%

The average daily price charged Hotel room/Apartment 79.10 +1.3%

Interestingly prices for accommodation in Fuerteventura increased by 1.3% at a time occupancy fell by almost 14%. Most of the increase was from apartments up over 11%. Hotel room prices dropped by 0.6%.

Gran Canaria

International visitors -4.7%. Mainland Spain +8%. Total -2%

Bed nights sold -7.3%

Hotel/Apartment occupancy 83.3% down -4.16%

The average daily price charged Hotel room/Apartment 90.00 +2.4%

Despite Hotels/Apartments 4% less full then January 2018 Gran Canaria accommodation was up 2.4% in price on the previous January 2018.

Tenerife

International visitors +2.9%. Mainland Spain +10.5%. Total +4.6%

Bed nights sold -0.1%

Hotel/Apartment occupancy 85.1% down -0.43%

The average daily price charged Hotel room/Apartment 94.03 -7.5%

Tenerife has done the best of the main islands in January 2019. Overall visitors are up and getting more value with accommodation prices down 7.5% on the same month 2018.

Overall daily accommodation prices January 2019 v January 2018.

Tenerife 94.03 Euro down 7.5%

Gran Canaria 90.00 Euro up 2.5%

Fuerteventura 79.10 Euro up 1.3%

Lanzarote 73.20 Euro down 9.4%

2019 should be an interesting year for tourism in the Canary Islands. The past few years have seen record numbers visiting the Islands.

If room nights sold drop v 2018 will prices follow? As someone who has worked in the Hotel industry, I know Hotels do not like unsold rooms. A Hotel room/Apartment is not like a regular product. For example, a shop on average sells one can of beans every day. On one day they sell none, but maybe the next day they might sell two. A room night unsold today can never be sold again.

To see my previous post on 2018 click here

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