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2 clusters · 12 sources · 2 days · First seen · Last updated

Canary Islands tourism and hospitality expansion

Overview

The Canary Islands tourism sector is seeing strategic developments from both private hospitality groups and regional tourism authorities.

Canarian Hospitality has introduced a 2026–2028 strategic plan to double its hotel portfolio, aiming to grow from nine to 15 hotels and reach approximately 2,400 rooms. The company seeks to exceed €100 million in revenue by 2028 and expand its presence from the Canary Islands into mainland Spain, Portugal, and Madeira.

Simultaneously, Promotur Turismo Canarias has entered a 600,000 euro agreement with TUI UK Limited to launch joint marketing campaigns over the next two years. This initiative targets the United Kingdom and Germany to address shifting consumer behaviors and socioeconomic uncertainty in those markets.

To support connectivity, TUI Airline has announced a significant expansion for its summer 2027 network, adding 25 new routes and approximately 640,000 extra seats. This growth includes increased connectivity between the UK, Germany, and Spain, particularly through London Gatwick, and increased capacity to Tenerife South.

Entities

Spain · Promotur Turismo Canarias · Ryanair · Radisson Hotel Group · Francisco Fernández

Timeline

  1. 3 days ago

    [BUSINESS] 9 sources
    European aviation sector navigates expansion and economic shifts

    European airlines and tourism hubs are adjusting to economic shifts, with TUI and Ryanair expanding networks while Vueling freezes capacity due to high fuel costs and climate policy tensions in Spain.

  2. 4 days ago

    [BUSINESS] 4 sources
    Canarian Hospitality targets €100 million revenue by 2028

    Canarian Hospitality aims to reach €100 million in revenue and 15 hotels by 2028, expanding from the Canary Islands into mainland Spain and Portugal.

Sources

100seguro.com.ar · aeronoticias.com.pe · atlanticohoy.com · enfoques.gal · expansion.com · expreso.info · hosteltur.com · larazon.es · lavanguardia.com · merca2.es · runnerbox.es · travelradar.aero

This summary has been updated 1 time: see revision history