The island of Tenerife, located in the Canary Islands, attracts tourists from all over the world with its beautiful scenery, wonderful climate and rich cultural heritage. Hotel construction on this island has experienced significant growth in recent years, reflecting the interest in increasing the overall number of tourists and improving the level and quality of hospitality.

The pace of construction on Tenerife has become impressive in recent years. The island has undergone significant infrastructure changes to accommodate the growth in tourism in the region. Hotel complexes including luxury resort hotels, spas, water parks and golf courses are being built both in resort areas and in valleys with beautiful views of the ocean and mountains.

The amount of construction in Tenerife in recent times has been impressive. Thousands of rooms have been built to meet the increasing need for expansion in the hospitality industry. Major hotel chains such as Riu, Meliá, Barceló, Iberostar and others are actively investing in building new hotels on the island, attracting both international and local investors.

This growth in hotel construction in Tenerife can be explained by several factors. First of all, the island receives a large number of tourists every year. Its unique climate and natural beauty attract vacationers looking for warm sunshine and privacy. The second factor is the variety of activities that are offered on the island, including mountain hiking, surfing, golfing, diving and more. This attracts different types of tourists, from families with children to adventurous travelers.

The third factor contributing to the expansion of the hotel industry in Tenerife is the support of the local authorities. They provide investors with a number of benefits and incentives to encourage the construction of new hotels. These incentives include tax breaks, simplified permitting procedures and island support for development projects.

Many first-class hotels have been built in Tenerife in recent years. This includes hotels with Canarian-inspired designs, modern hotels with lavish spas and lexus hotels to attract high-end tourists. In addition, some hotels have been designed with sustainability in mind, integrating renewable energy sources and aiming to minimize environmental impact.

Hotel construction in Tenerife will continue to grow as tourism demand remains stable. The island will continue to attract tourists with its charms and investors will seek to capitalize on the potential of the location to create unique and comfortable accommodation facilities. This will create jobs and stimulate the local economy, complementing the island’s already rich cultural and natural heritage.

Hotel business in Tenerife: an in-depth analysis of the last 5 years

The island of Tenerife, located in the Canary Islands, has become one of the most popular tourist destinations in Europe over the past few years. Due to this, the hotel business on the island is also growing rapidly. In this article, we will analyze in depth the state of the hotel business in Tenerife over the last 5 years.

In the first half of the last five years, the hotel business in Tenerife has been subject to a number of challenges due to the economic crisis that has affected many countries in Europe. This led to a decrease in the number of tourists visiting the island and as a consequence, the performance of the hotel business deteriorated. However, since 2015, the situation has started to improve.

According to the Tenerife Tourist Board, the number of visitors to the island is increasing every year. In 2016, about 5.7 million tourists visited the island, which is 7% more than the previous year. In 2017, the number of visitors was 6.1 million and in 2018, 6.8 million. This growth continues into 2019, indicating the recovery of the hotel business on the island.

Over the past 5 years, there has also been a shift in tourists’ preferences for type of accommodation. While previously tourists preferred to vacation in hotels, now apartments and villas are gaining popularity. This is due to the development of accommodation platforms such as Airbnb, which provide tourists with more choice and savings on accommodation.

Today, Tenerife offers a huge number of hotels of different categories, from five-star resorts to modest family-run inns. One of the key features of the hotel business on the island is a wide range of price categories, which allows to attract tourists with different income levels.

Over the last 5 years there has also been a change in the offers for vacationers. Many hotels in Tenerife have started to develop new formats of recreation, including sports tourism and ecological programs. This attracts more visitors who want to spend their vacations actively and be in harmony with nature.

However, with the growth of the hotel business in Tenerife, new challenges are also emerging. One of them is the sustainability of the industry and the protection of the environment. Tenerife has always been known for its beautiful landscape and rich biodiversity, and preserving these natural resources is an important challenge for the hotel industry on the island.

It is also worth noting that the growth of the hotel business in Tenerife creates new jobs and contributes to the development of the island’s economy as a whole. The hotel industry has become an important source of income and employment for the local population, which has a positive impact on the standard of living of the islanders.

In conclusion, the hotel industry in Tenerife has gone through a period of economic instability over the last 5 years, but is now in a phase of active development. The gradual increase in the number of visitors and the variety of offers for vacationers indicate the recovery of the industry. Nevertheless, with the increase in hotel business, new challenges also arise and the industry has to find a balance between development and preservation of the environment. Overall, the hotel industry in Tenerife plays an important role in the island’s tourism industry and contributes to its economic development.