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Holiday rentals in the Canary Islands rises 6% in 2016 and ‘attracts’ 1.3 million tourists

Studio 1 bedroom apartment for rent | Paradise Court Tenerife

The demand for holiday homes in the Canary Islands amounted to 1,290,609 tourists in 2016, representing 8.6% of the 14,981,113 tourists who visited the islands, and the archipelago has a total of 29,931 holiday homes, 1,743 more than in 2015, representing growth of 6.1% compared to the previous year.


These are some of the data that come out of the study ‘Holiday housing in Canaries 2016. Analysis of the evolution of their demand, supply and channels’, which was presented on Tuesday at the Canarian Tourism Council, chaired by its owner, Mariate Lorenzo.

The Canarian Tourism Council was attended by representatives of the Canarian Association of Holiday Rentals (Ascav), the Platform of Affected by the Tourism Law of the South of Gran Canaria, Canary Islands Association of Rural Tourism Acantur (Acantur), as well as the rest of the housing sector.

The counselor said at a press conference that the study can be concluded that the data of the holiday rental “have not changed substantially” with respect to the year 2015, and more taking into account that the Canaries live an economic context with a high tourist demand, Which last year meant a 12% increase in the number of tourists who visited the archipelago.
Mariate Lorenzo said that the 6% increase in holiday rentals is a “reasonable” growth in a context of “tourism boom”, but insisted that it does not mean a substantial change in holiday homes in the Canaries, which represent 8% To the total of tourist accommodations, two points less compared to the previous year.

Analyst Luis Falcón, in charge of detailing the study, said that the results of the report allow to say that holiday rental “is not producing a distortion in the market from the tourist point of view.”
Moreover, he remarked that at the national level, according to INE data, the share of tourists staying in holiday homes has not changed since 2011, which means that in Spain is increasing the number of tourists but also all types of accommodation, not only the vacation rental.

Courtesy of Europa Press