Could the pain in Spain being caused by declining tourist arrivals finally be coming to end? The latest figures just released for the holiday island of Lanzarote by the Spanish airport authority AENA certainly suggest that this may be the case. With the decline in foreign tourist arrivals halving last month and the German market actually recording small but positive growth. Whilst occupancy levels in hotels and apartments in Lanzarote are also showing some signs of improvement.
Tourist arrivals continue to fall on the popular holiday island of Lanzarote. Making unpleasant reading for the many overseas owners of Lanzarote holiday villas and apartments as they struggle with declining occupancy levels and falling rental returns.
Despite the onset of the peak holiday season visitor numbers continued to fall on Lanzarote during August. According to the latest figures just released by the Spanish airport operators AENA. Which reveal that the number of tourists spending their summer holidays in Lanzarote fell by 16.68% last month versus August 2008.