Fastest Growing Hotel Rates in The Canary Islands

Fastest Growing Hotel Rates in The Canary  Islands
By: Local News Posted On: May 01, 2024 View: 159

The average rate of hotels in Lanzarote increased by 13.8% last March compared to the same month last year and reached 139.91 euros on average, according to the latest Hotel Occupancy Survey from the National Institute of Statistics ( INE). 
Of all the Canary Islands, the hotels in Lanzarote were the ones that increased their prices the most compared to last year , specifically by 19.41 euros . Then the average rate in Lanzarote amounted to 120.5 euros.
By municipality, hotel rates in Teguise rose more than 32 euros compared to March of last year, reaching 122.5 euros , while in  Tías they were 21 euros more, reaching 140.5 euros on average.
In Yaiza they exceeded 150 euros on average, although the increase compared to last year was smaller, around 14 euros .
The island whose hotels recorded the second largest price increase compared to last year was  La Palma,  although it started from much lower figures. In March they reached 83.68 euros, which is 19.36 euros more than the same month last year.
The third largest increase occurred on the island of Tenerife , where prices rose 13.4 euros compared to last year to reach 153.27 euros on average .
In La Gomera, prices rose by 13.1 euros to reach 125.93 euros , while the hotels in Gran Canaria were the ones that raised their prices the least (4.95 euros), but they are the ones that started with the highest prices of the year. archipelago. Thus they reached an average of 155.55 euros. 

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