business

The Canaries are the top destination in Spain for holidaymakers staying in apartments
The Canaries are the top destination in Spain for holidaymakers staying in apartments

There were 1.8 million overnight stays in apartments in February at an occupancy rate of 73.6%...

Petrol stations fear bankruptcy as they have to fund and claim back new discount
Petrol stations fear bankruptcy as they have to fund and claim back new discount

They expect an "avalanche" of sales as people have been waiting for the 20c per litre discount which starts today...

Inflation reaches historical high in Spain due to the war in Ukraine
Inflation reaches historical high in Spain due to the war in Ukraine

Economists say that 73% of this rise is due to the impact of the conflict on the prices of energy and unprocessed food...

Discount on fuel prices start tomorrow in Spain, and this is how it will work
Discount on fuel prices start tomorrow in Spain, and this is how it will work

The government is taking measures to prevent petrol stations from increasing prices before the discount comes into effect…

Supermarkets are now allowed to limit purchases if there is a risk of shortages
Supermarkets are now allowed to limit purchases if there is a risk of shortages

Stores will be able to set the maximum number of units of a product that each customer can buy…

Intense rain and fog has caused flight cancellations, diversions and delays
Intense rain and fog has caused flight cancellations, diversions and delays

Only domestic flights are affected at the moment, as Binter ask customers to check the status of their flight...

Canary Islands transport companies accept 99.9% drop in fuel tax to avoid strike
Canary Islands transport companies accept 99.9% drop in fuel tax to avoid strike

Treasury will return the tax to them until July 31st backdated from March 1st, to combat price increases...

TUI predict record tourist figures in the Canary Islands this summer
TUI predict record tourist figures in the Canary Islands this summer

The tour operator expects to bring 1.3 million tourists with a 20% increase in spending to the islands...

The Canary Islands has biggest increase in flight seats for Summer in all of Spain
The Canary Islands has biggest increase in flight seats for Summer in all of Spain

There are 9% more flight seats available than in summer 2019; figures don’t include any flights from Russia or Ukraine...

New mobile phone scam using Banco Santander to steal your card details
New mobile phone scam using Banco Santander to steal your card details

Phishing cases have skyrocketed in the last couple of years, especially email scams with the volume of remote workers…

Big companies warn that production will stop if transport strike continues
Big companies warn that production will stop if transport strike continues

Large companies, including Danone, Heineken, and San Miguel say they can’t get raw materials to make their products...

Petrol and diesel prices expected to increase by up to 10 cents a litre today
Petrol and diesel prices expected to increase by up to 10 cents a litre today

This will take price increases to 50% in some cases since the start of the year in the Canary Islands...

Panic buying in the Canary Islands increases food purchases by 25%
Panic buying in the Canary Islands increases food purchases by 25%

The fear of shortages due to the transport strike and the conflict in Ukraine has left shelves empty...

The property market is seeing a full recovery across Spain
The property market is seeing a full recovery across Spain

The purchase of properties by non-resident foreigners grew by 51% in 2021...

Virgin’s Valiant Lady is coming to Tenerife for the first time
Virgin’s Valiant Lady is coming to Tenerife for the first time

The Virgin Voyager flag ship is the most sustainable cruise ship in the world...

Playa Paraiso had the biggest tourist growth in Tenerife in 2021
Playa Paraiso had the biggest tourist growth in Tenerife in 2021

Of the 17 tourist resorts on the island, Paraiso had an increase of 117% in overnight stays compared to the year before…

Sustainability and ecological transition are top of the agenda in the Canaries
Sustainability and ecological transition are top of the agenda in the Canaries

Gesplan encourages sustainable development and ecological transition to young farmers as part of Canaries’ Agenda 2030...

The Canary Islands is now the only region of Spain where dancing is not allowed
The Canary Islands is now the only region of Spain where dancing is not allowed

‘Social dancing’ is still not allowed in clubs or pubs, not even with masks or in outdoor spaces...

Lidl to open 11 new stores over the next three years in the Canary Islands
Lidl to open 11 new stores over the next three years in the Canary Islands

The German supermarket has been in the islands since 2010 and currently has 1,120 staff and a turnover of 145 million euros...

Hoteliers warn about volume of complaints regarding the Tenerife South airport
Hoteliers warn about volume of complaints regarding the Tenerife South airport

FAST say tourists are unhappy about the time taken to get through controls, collect luggage, and get a taxi...