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 News from the financial sectors in Spain and the Canary Islands Exchange rates Rocky pound There will be poor news this year for UK sterling and foreign holidays for UK residents according to two tourism experts at the recent Tourism Society Prospects 2010 event.  In the UK, Edwards believes that the currency pressure could continue to drive British tourism. Last year, 20 million Brits took a domestic break, 12 million more than two years earlier. Heal predicted a decline in British visitors to the US, although he declared that both Turkey and Egypt would remain popular with British tourists. From a Spanish point of view, the position is almost directly opposite as the new monetary situation, together with the crisis will squeeze tourist businesses even further. Despite numerous articles and investigations proving that better offers for sterling buyers can often be found in euro countries than non-euro countries, the exchange rate will continue to influence tourists’ choice of destination. Bright spots on the horizon? According to the World Tourism Organisation, the number of tourists is expected to increase this year after the four per cent drop in 2009, which was lower than the forecast. There were 880 million international tourists last year the WTO stated, a number that is expected to increase by three per cent this year. In addition, the Canarian government’s finance minister believes that the economic recovery of the UK and Germany will begin to show in the tourist figures in the Islands in the second half of 2010. This article appears in the print edition 609 of Island Connections
| Canary Islands - 08.02.2012 - Yesterday's ugly scenes at Bilbao airport, where Ryanair boss Michael O'Leary had to be given a police escort after his provocation of former Spanair employees, prompted a furious reaction against the head of the airline by Canarian MP Ana Oramas. more... Las Palmas - 08.02.2012 - The snags preventing the release of tickets for the concert by rock legend Bruce Springsteen in Gran Canaria have now been resolved and the gig has been confirmed 100%, say the organisers. more... La Laguna - 07.02.2012 - A well-known Tenerife lawyer is the focus of police attention in a money-laundering and fraud investigation ordered by a La Laguna judge. more... Canary Islands - 07.02.2012 - Relations between the Canarian government and the new Spanish government sank further yesterday when the region's tourism minister was apparently snubbed by his national counterpart. more... Canary Islands - 07.02.2012 - Two Britons who had to be rescued again after getting into trouble on their bid to cross the Atlantic in a pedal boat could face a hefty fine for the latest mobilisation of air and sea rescue resources. more...    Banish the blues They tell us that this is one of the most depressing times of the year more...   | E-Zigarette Die E-Zigarette Classic ist das robuste Modell für den täglichen Gebrauch. www.elektrische-zigarette.eu Holiday car Tenerife We have been in the rent a car business since 1976 in Tenerife. Our experience - your advantage. www.hermanns-cars.com Electronic Cigarette The Electronic Cigarette SLIM is recommended for smokers with few consume, occasional smokers and to go. www.liquid-shop.eu Real Estate Tenerife We are a real estate company, constituted in the year 2002, and nevertheless our professional team possesses a long trajectory in the real estate sector in the north of Tenerife. www.optima-tenerife.es ic media group |
