The cost of living in hotels in the Canary Islands has almost doubled
British tourists planning trips to Lanzarote have been warned about a significant increase in hotel room rates in the Canary Islands. It turned out that the cost of living in this popular vacation destination has increased significantly, actually doubling in ten years.
The reports show that the average price of a hotel room, which was £52 in 2013, rose to an impressive £109 in 2023, representing a 100% increase. In addition, this figure is 15.5% higher than in November 2022, when the cost of an overnight stay was about £94," travelandtourworld.com writes.
Interestingly, the lowest prices were observed in May and June of the previous year. In June, in particular, the smallest year-on-year price increase was recorded - only 2.4%.
The attractiveness of Lanzarote as a tourist destination is emphasized by the 2.7 million visitors from mainland Spain and other countries during the same period. However, this sharp rise in accommodation costs could have a significant impact on tourism to Lanzarote, potentially influencing the decision-making of UK vacationers.
The island's economy, which is heavily dependent on tourism, could be affected in a number of ways: on the one hand, increased revenue from higher room rates, and on the other hand, the possibility of scaring away budget travelers.
Lanzarote is famous for its pleasant climate, sandy shores and characteristic volcanic landscapes, which makes it popular among British tourists. Attractions such as Timanfaya National Park, with its unique landscape shaped by volcanic activity in the 1730s, and Puerto del Carmen, known for its charming villas, pristine beaches and diving opportunities, add to the island's appeal. A seven-night holiday package in May 2024, including flights from Birmingham, is currently priced from £433 per person.
Earlier, Travel Wise reported on the dangers of selfies in the Canary Islands. As more and more people are posing for selfies on observation decks and cliff tops, but it can be deadly.