The closely interlinked Lanzarote property and tourist sectors continue to struggle against a backdrop of declining visitor numbers. As the Spanish airport operators AENA unveil their latest figures for tourist arrivals in June. Which reveal that 24.45% fewer foreign visitors spent their holidays in Lanzarote last month. With arrivals down by over 30,000 versus June 2008.
The Lanzarote property and tourist markets continue to suffer as a result of falling visitor numbers. As the Spanish airport authority AENA has just released their latest arrival figures for May. Which reveal that the number of foreign tourists enjoying a holiday on the Island of Fire fell by over 26% last month, versus the same period in 2008. A sharp decline with serious implications for the many overseas owners of Lanzarote villas and apartments.
Easter has provided little in the way of salvation for Lanzarote´s beleaguered tourist industry and property market. According to the latest passenger figures just released by the Spanish Airport Authority AENA. Which reveal that arrivals for the year to date have now fallen by nearly 15% versus 2008 figures. With over 86,000 less tourists visiting the island during the first four months of this year.
Property prices around the world continue to decline as the financial crisis continues its way through the system. I don’t think anyone is under any illusions any more that we have not yet reached bottom. These are some headlines, although where bottom is is becoming more and more difficult to predict. With governments in disarray and it becoming clear that the banks have continued to disguise their true losses – even now. Available credit still presents a problem, and mortgage approvals are still extremely low.
The release of the latest visitor numbers from Spanish airport operators AENA provides little in the way of respite for the becalmed Lanzarote property market. As tourist arrivals on the eastern most Canary Island continue to decline sharply – down by just over 19% from 147,698 arrivals in February 2008 to 119,269 last month. With double digit falls recorded across all national markets, with the sole exception of the Republic of Ireland.
The number of foreign tourists visiting the holiday island of Lanzarote dropped dramatically in January. According to figures just released by the Spanish airport operators AENA. With arrivals down by over 12% versus January 2008. Falling from 135,617 visitors to 118,894 last month.
Demand for privately owned rental accommodation on the popular holiday island of Lanzarote rose by just over 14% last month. Confounding speculation that failing airlines, the falling pound and low consumer confidence could spell the end of holidays abroad. According to figures just released by the Lanzarote travel and property portal, Lanzarote Guidebook.
New figures just released by the Spanish airport operators AENA reveal that visitor numbers to Lanzarote fell dramatically in December. Suggesting that the credit crunch, falling pound and waning consumer confidence are now starting to eat into the overseas travel and property markets.
The population of Lanzarote, the most easterly link in the Canary Island chain, has grown by 5.6% during the course of 2008. According to figures just released by Spain´s National Institute of Statistics. And now numbers 139,506 officially registered residents. Having nearly doubled in just over a decade.
Holidays abroad appear to remain a necessity for British consumers – not just a luxury. As Spanish airport operators AENA have just released figures that reveal that British visitor numbers to Lanzarote have risen by 6% so far this year versus the same period in 2007. So confounding speculation that the current economic climate could spell the end for holidays in the sun. And making happy reading for thousands of overseas investors with apartments and holiday villas in Lanzarote.
