The summary of the economic horizon that is looming could well be the following: the regions that in this year of the pandemic have managed to withstand the storm somewhat better will see a weaker recovery in 2021. It is one of the conclusions of the BBVA Research Regional Observatory for the fourth quarter, which […]
Tag: Baleares
Madrid, Catalonia and the islands concentrated 60% of the tourist fall in the last quarter
The big capitals and the Canary Islands and the Balearic Islands they will concentrate the tourist fall in the next quarter, the period remaining to close a year of historic declines for the sector. These are not the busiest months, but traditionally there is a lot of business activity and, moreover, the Canary Islands […]
Germany takes the Canary Islands out of their risky destinations to travel
Germany, one of the main countries of origin of tourists for Spain, has decided to remove the Canary Islands from its list of risk destinations for Covid to travel. This is a relief for the archipelago, which is now in the height of peak season. According to sources from the Canary Islands Government confirmed […]
The tourist hole worsens: 106,000 million will be lost and Spain falls back to activity levels of the 90s
The tourist hole will exceed 100,000 million euros in 2020, 7,500 million more than expected in August, and it will mean that tourism activity this year will have fallen to levels of 25 years ago. The pandemic has brought Spain back to a 1995 scenario. Forecasts for the sector worsen with each passing quarter […]
More than half of SMEs believe that their survival is at risk and 20% will lay off despite ERTE
Seven months after the start of the pandemic that led the government to hibernate the economy and trust that the return to activity in summer would compensate for the stoppage, most small and medium-sized companies believe that their survival is at risk . If the impact of the first wave -the greatest collapse of […]
Germans trade Mallorca for Greek islands and Portuguese coast
TUI’s advance to reactivate German tourism in Mallorca is not going to pose any earthquake for the sector. The tour operator hopes to bring a few hundred tourists to the island from here to the end of the month, a modest number and restricted by Angela Merkel’s own recommendations., which is advising its citizens not […]