News

Spending per tourist in AMTC destinations increases by 15% in 2022 compared to 2019 — Average spending goes from 1,157.3 to 1,331.8 euros per visitor, noting an increase in profitability per place Spending per tourist in destinations that make up the Association of Tourist Municipalities of the Canary Islands (AMTC) increased by 15% in 2022 compared to 2019, the year before the pandemic, taken as a reference to measure the recovery of the main economic activity of the archipelago. If in 2019 the average expense was 1,157.3 euros, last year it rose to 1,331.8 euros. In the last edition of Fitur, in the act of presenting the AMTC stand at the fair, the president of the Association, José Miguel Rodríguez Fraga, already anticipated the significant growth detected, then the data was taken between January and November 2022, which was 1,331.9 euros, according to the Canary Institute of Statistics (Istac). The data is even higher than the Canary Islands as a whole: 1,122.58 in 2019 by 1,314.14 in 2022, without losing sight of the fact that the 13 municipalities of the AMTC hosted 98% of overnight stays last year, more than 85 million. Last February, BBVA Research published the Canary Islands Situation 2023 report, which corroborated the marked recovery in tourist spending and that it had given a differential boost to the Canary Islands. In 2022, prices and revenue per available room were 14% and 13%, respectively, above the values ​​of 2019. "Part of this increase is due to costs, but another part could have favored a greater profitability, helping to clean up the financial position of the sector”, could be read in the report. The analysis stated that "although in the whole of 2022 overnight stays and the degree of occupancy have not yet reached pre-crisis levels, the hotel offer on the Islands has already recovered." Going back to the data provided by Istac, this significant increase in spending can also be verified, municipality by municipality, with some exceeding 1,500 euros per stay.

Canary Islands, April 5, 2023