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Monday, February 28, 2022

Hotel overnight stays soar 764% in the Canary Islands in January and exceed 3.8 million

Stereotypical stock image of hotels and beach

Hotel overnight stays grew by 764.6% in the Canary Islands in January, compared to the same month last year, and exceed 3.8 million, the National Institute of Statistics (INE) reported on Thursday. However, they are still 31.2% below those registered in January 2019 when 3,823,413 were reached. Foreign tourists accumulated more than 56% of overnight stays in the country and the Canary Islands led the occupation of beds with 49.9%, with La Gomera leading the country with 67.7%, while hotel prices increased by 18%.

Likewise, Tenerife registered the highest number of overnight stays in January with a total of 1,456,164 and the tourist spots with the most overnight stays were Madrid, Barcelona and San Bartolomé de Tirajana (Gran Canaria). In Spain, overnight stays in hotel establishments exceeded 10.5 million in January, which means multiplying by more than four (+328.4%) those registered in the same month of 2021 (2.4 million overnight stays), but still it is 32.26% less than in 2019, when 15.5 million overnight stays were reached.

Considering the origin, the overnight stays of travellers resident in Spain reached 4.5 million, which represents 42.7% of the total, while those made by foreigners exceeded 6 million.

In January 2022, the average stay increased by 28.4% compared to the same month in 2021, standing at 2.8 overnight stays per traveller. The annual rate of the Hotel Price Index (HPI) stood at 17.5% in January, which is 28 points above that registered in the same month of 2021, and 3.1 points less than that registered in the month past. Andalusia, Catalonia and the Community of Madrid were the main destinations for Spanish resident travellers in January, with 18.5%, 15.5% and 15.4% of total overnight stays, respectively.

The main destination chosen by non-residents was the Canary Islands, with 56.8% of the total overnight stays. The next destinations for non-residents were Catalonia and Andalusia, with 12.3% and 10.5% of total overnight stays, respectively. After the Canary Islands, Madrid was the second autonomous community with the most overnight stays with 34.8%.

In January, 33.4% of the places offered were covered, with an annual increase of 129.6%. The weekend occupancy rate rose by 148.4% and stood at 39.1%.

Travelers from the United Kingdom and Germany accounted for 18.1% and 16.6%, respectively, of the total overnight stays by non-residents in hotel establishments in January. The British had not been the first market in Spanish hotels since February 2020.

Overnight stays by travellers from France, the Netherlands and Italy accounted for 7.4%, 7% and 4.8% of the total, respectively.

SECTOR PROFITABILITY

The average daily turnover of hotels for each occupied room (ADR) was 85.4 euros in January, which represents an increase of 37.3% compared to the same month in 2021.

The average daily income per available room (RevPAR), which is conditioned by the occupancy registered in hotel establishments, reached 33.7 euros, with a rise of 174.7%. In January 2021, the average income was 12.3 euros and in January 2019 it reached 44.6 euros. By category, the average billing was 191.8 euros for five-star hotels, 90.8 euros for four-star hotels and 66.1 euros for three-star hotels. Revenue per available room for these same categories was 79.9, 38.4 and 28.1 euros, respectively.

Booking.com