Tourism and its effects on overseas property values
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.
The current pain in Spain´s tourist industry continued in the Canary Islands last month. As tourist arrivals to this key holiday destination and former property investment hot spot continued to drop dramatically. According to new figures just released by the Spanish airport operators AENA.
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.
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.
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.
British visitor numbers to Lanzarote have jumped by 15.6% during the first half of 2008. According to figures recently released by the Spanish airport authority AENA. An unexpected upsurge that flouts fears that the credit crunch could kill off overseas travel and which is also helping to maintain buoyant demand for property in Lanzarote.
