From our business initiatives, we echo the good economic data that hotel investment in the Canary Islands shows compared to other national tourist destinations, such as the Balearic Islands. In this regard, it is worth noting that the Canary Islands have reached the record figure of 1,120 million euros in hotel investment in the last year, overtaking the Balearic archipelago and positioning itself as a preferential enclave for investors. These figures, in our opinion, demonstrate the enormous future potential of the Canary Islands tourism sector and the opportunity presented by initiatives such as the "Parque Tecnológico Playa Paraíso" project and the creation of a sports marina and a marine research centre in the vicinity of the Hard Rock Hotel Tenerife (Adeje).
In La Laguna, 8th July 2024.
The coordinator,
Miguel Muñoz
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| Tourists stroll through a hotel area. Source: La Provincia |
–The tourist boom boosts hotel investment in the Canary Islands. Article published on 8 July 2024 in La Provincia:
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