The number of overnight stays in hotel establishments across the Canary Islands experienced a significant growth of 5.7% in August 2024 compared to the same month in the previous year, totalling 6,903,674 overnight stays, according to data released by the National Statistics Institute (INE). This marks the twelfth consecutive month of growth and is the third-highest figure for overnight stays in the region for any August in the historical series.
Tourist Arrivals and Nationalities
In August, the region’s hotels accommodated 1,005,065 travellers, a 3.21% increase compared to August 2023. Out of these:
- 301,917 were Spanish residents (30.04% of the total), marking a modest increase of 0.9% from the previous year.
- 703,149 were international tourists (69.96% of the total), showing a more significant growth of 4.2% compared to the previous year.
Of the total overnight stays, 1,376,427 were by Spanish residents, accounting for 19.94% of the total. In contrast, a majority of 5,527,246 overnight stays (80.06%) were by foreign residents.
Average Room Rates and Occupancy
The average daily room rate in August stood at 139.29 euros, reflecting an 8.2% increase year-on-year. Hotel prices overall saw a 5.93% rise compared to the previous year.
Hotel occupancy in the Canary Islands reached 81.19%, a strong performance in comparison to other regions. Additionally, the hotel sector employed 57,818 people, representing a 7.3% increase from August 2023.
Comparison with Other Autonomous Communities
- The Canary Islands had the second-highest occupancy rate per bed at 81.19%, following the Balearic Islands, which led with an occupancy rate of 89.9%. Catalonia followed closely at 80.15%.
- At the other end of the scale were Castilla-La Mancha (38.5%), Extremadura (50.1%), and Madrid (54.3%).
When looking at the entire country, the Balearic Islands had the highest share of total overnight stays in Spain in August, with 23.84% of all stays, followed by Catalonia with 18.61%, and Andalusia with 15.53%.
The data reflects a continuing positive trend in the tourism sector for the Canary Islands, showcasing its resilience and attractiveness as a destination, particularly among international visitors.
