In 2021, the contribution of the tourism sector to the gross domestic product (GDP) in the Canary Islands increased by nearly 38 percent after having plummeted by more than half in 2020 due to the COVID-19 pandemic. In that year, the total tourism GDP in the popular Spanish archipelago amounted to less than seven billion euros.

In 2022, 23 percent of tourists who visited the Canary Islands had an annual household income of at least 75,000 euros. Conversely, 15 percent of tourists reported a family income of up to 25,000 euros.

The total contribution of travel and tourism to the gross domestic product (GDP) in the Canary Islands increased to nearly 23 percent in 2021 after the initial impact of the coronavirus (COVID-19) pandemic. This share was nonetheless the second lowest contribution recorded in this Spanish autonomous community since 2010. The archipelago is a major tourist destination in Spain.

In 2021, tourists in the Canary Islands spent around seven billion euros during their trips. This figure represents an increase of 46 percent over the previous year. Tenerife contributed the most to this expenditure, with 2.7 billion euros.

Characteristics of travel and satisfaction of tourists. Average stay according to income level. Canary Islands by years and quarters. Series from 2010 to 2017.

In 2021, the revenue generated by the hotel industry of Gran Canaria, Spain amounted to roughly 500 million euros, a figure only surpassed by its neighboring island, Tenerife. On the other hand, hotels on the island of El Hierro reported a revenue of 2.2 million euros that year.

Hospitality business and travel agencies in the Canary Islands employed more than 125 thousand people in 2021, which shows a decline of -7.4 percent versus the previous year. This was the second consecutive decline in the employment on tourism in the Spanish autonomous community, after a steady increase throughout the past decade.

According to the source, Scotland was the region of origin from the United Kingdom that registered the highest revenue in the Canary Islands during the year 2019 with a total of 757 million euros, it was followed by London which amounted to 621 million euros.

In 2021, the revenue generated by the hotel industry in the Canary Islands, Spain, increased to more than 1.6 billion euros after an annual drop of roughly 67 percent in 2020. The island of Tenerife accounted for more than one-third of the hotel revenue in 2021.

According to the source, the average spending per tourist in the Canary Islands in 2020 was the highest for the island of Gran Canaria with an average of 1284 euros spent. With an average of of approximately 1231 euros, Fuerteventura ranked second in expenditure.

This graph presents the results of a survey on the net income of Canary Islands holidaymakers from Germany and the total population in 2021. That year roughly 15.9 percent of Germany holidaymakers who travelled to the Canary Islands had a personal net income from 1,500 to 2,000 euros. This was true for 16.6 percent of the total population.

La Playa del Inglés, located in the South of Gran Canaria, was the tourist area with the largest number of overnight stays among major beach destinations in the Canary Islands in 2022, with eight million in total. The beach resort area Las Américas - Arona, in the island of Tenerife, ranked second that year, respectively, with around 6.5 million overnight stays.

The Canary Islands reported the highest expenditure of international tourists in Spain in 2022, each surpassing a total of seven billion euros. Catalonia ranked second in the list that year, with a total spending by foreign visitors of around 16.5 billion euros.

The leading hotel companies based in the Canarian province of Santa Cruz de Tenerife, Spain registered sales of less than 70 million in the financial year of 2019. Among all of them, Hoteadeje SL had the highest sales revenue in that period, with roughly 69 million euros.