Spain heading for top spot as a tourist destination once more

November 3, 2011 – 3:16 pm

Spain top destination once more with Brits

Spain is heading for a return to tourism domination as the 2011 visitor figures soar towards a record 57 million, boosted by higher numbers of independent travellers staying in rented accommodation along their favourite Costas.

80% of tourists now book their own flights and accommodation. Average stay in owned apartments or rented villas is now 15 days , twice that of hotels, who have had record occupancy in 2011. Average stay rose two percent and more came people from the UK than any other country.

There are now 370,000 Brits living full-time officially in Spain, drawn by the California climate, cheap food and drink, fiesta lifestyle and above average life expectancy. 1,000s more are planning to join them after Britain came bottom in a survey to find the best place to live. The summer city riots have influenced 1,00s more to quit the UK.

A Lloyds TSB survey found 67% of Brits living in Spain “had no plans to return to Britain” and 74% claimed quality of life was better. The survey found 87% of Brits felt safer in Spain “which is a better place to bring up kids”.

Source: PropertyinSpain.net

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Annual inflation increases

May 20, 2011 – 8:51 am

Inflation on the rise in Spain and Tenerife.

Two weeks ago the National Statistics Institute predicted that annual inflation would climb to 3.8% in April, the highest rate in almost three years, and two points more than the previous month. On Thursday, while confirming this figure, the Institute commented on the price index, which had been worryingly low for a year and a half, and on more recently when oil prices reached record highs.

The monthly CPI rose 1.2%, the highest since October 2007 and analysts agree that the figures announced last week are worse than expected.

The price spike in March and April was influenced by products relating to leisure and culture, which experienced the biggest rise in two years, and clothing, which has been buoyed by the change of season. Looking at the progress of prices over the past year, energy products, leisure and culture, and food and soft drinks had most influence.

Core inflation, which excludes more volatile products – unprocessed food and energy products – rose four points in April from the previous month to 2.1%. Since the annual rates of these more volatile components have grown less than the rest in the last month, rising inflation has been due to other products that make up the CPI basket. This includes processed food (4.5%) and services (2.2%).

Hopefully this will not impact too much on people visiting Spain and the islands.

Source: Kyero.com

By Angela | Posted in Economy, General, Health, Holiday, Inspirational, Miscellaneous Articles, Property, Tenerife, Things to Do, Weather | Tagged , , , , , , , | Comments (0)

Tenerife to cash in on latest survey?

October 12, 2009 – 4:26 pm
Tenerife could cash in on the latest gloomy British survey

Tenerife could cash in on the latest gloomy British survey

Britain is the worst place to live in Europe, according to a study.

Although Britons earn high incomes that money is cancelled out by long working hours, poor annual leave, rising food and fuel bills and a lack of sunshine. Britons have  the highest after-tax household income of £35,730-a-year, more than £10,000 above the European average.

But most of it goes on keeping a “roof over our heads, food on the table and our homes warm”, according to the uswitch.com European Quality of Life Index.

Ann Robinson of uSwitch.com, said: “There is more to good living than money – and this report shows why so many Brits are giving up on the UK and heading to France and Spain.”  Perhaps now is the time to think of renting out your Tenerife property or even selling via an estate agent as winter approaches in the UK and thoughts turn to sunshine!

By Angela | Posted in Economy, General, Health, Holiday, Inspirational, Miscellaneous Articles, Property, Tenerife, Things to Do, Uncategorized, Weather | Tagged , , , , , , , , , , , , , , , , , , | Comments (0)