Compiled with the help of artificial intelligence, based on Spanish-language information. Source below the article.
Canary Islands hotel prices almost double since 2008
The hotel tourism business in the Canary Islands continues to perform well or very well, and this momentum has been maintained steadily and progressively since the islands’ main productive activity recovered following the toughest moments of the Covid pandemic. Tourism accounts for 37% of the islands’ GDP, and the sector bounced back in mid-2022, when restrictions on people’s movement were almost entirely lifted and international tourism in particular returned.
This is reflected time and again in the most reliable and official statistics published on an ongoing basis, such as those from the National Statistics Institute (INE), in this case through its Hotel Tourism Situation report, August 2026 edition.
Prices up 88.7% in 18 years
According to those figures, released by the INE this Tuesday, the average price of a hotel room per day or night in the Canary Islands has almost doubled (up 88.7%) since 2008 (base index of 100) compared with the reading taken this August, a period of 18 years.
Based on the Hotel Price Index (IPH), the Canary Islands has recorded the second-largest accumulated rise for the period analysed anywhere in Spain, surpassed only by the Balearic Islands, where growth over the same period was more than double that figure, at 150%.
The same statistical report shows that the average growth in hotel prices (also an average value) across the islands has been 5% a year over those 18 years, almost always above the general annual Canary Islands CPI figure.
August revenues keep climbing
Alongside this variable, the INE has published for this August, as part of its monthly release, the ADR indicator (average daily rate, meaning the average revenue hotels earn from letting a room per night or day according to the number of occupied stays) and the RevPAR figure, which, unlike ADR, takes available rooms into account. Unless a hotel is full (100% occupancy), RevPAR will always be lower in absolute terms than ADR.
As for ADR, it has once again risen in its year-on-year calculation – that is, comparing this August with the same month in 2025 – climbing 6.7% to stand at €158.40 in average revenue per occupied room per night. RevPAR has behaved in the same way, in this case with an average year-on-year rise of 5.3%, reaching an absolute value of €158.40 per available room per day.
These results are very positive for business owners in an August that is considered low season in the Canary Islands, and they also indicate that the upward trend in hotel revenues is being maintained – a dynamic that, for now, shows no sign of slowing since the second half of 2022.
Where Spanish and international visitors stayed
On this front, Andalusia, Catalonia and the Valencian Community were the main destinations for travellers resident in Spain last August, accounting for 24.4%, 14.9% and 12.8% of total overnight stays respectively. The leading destinations chosen by non-residents, meanwhile, were the Balearic Islands, Catalonia and the Canary Islands, with 33%, 20.6% and 18.2% of the total.
By tourist area, the island of Mallorca recorded the highest number of overnight stays, with more than 8.5 million. The tourist spots with the most overnight stays were Barcelona, Madrid and Calvià.
Travellers from the United Kingdom and Germany, a classic pairing, accounted for 25.5% and 14.5% of all overnight stays by non-residents this August, followed by source markets such as France, Italy and the Netherlands, with 11.1%, 6.2% and 4.8% of the total.
Occupancy rates across the islands
As for hotel occupancy, 76.1% of available places were filled in August, 1.1% more than in the same month in 2025, while the occupancy rate by places at weekends rose 0.9% to 76.9%. The Balearic Islands led the statistics on occupancy by places during August, at 90.3%.
By tourist area, Palma-Calvià achieved the highest occupancy rate by places, at 91.5%, while the island of Mallorca recorded the highest weekend occupancy (89.6%). The tourist spot with the highest occupancy rate by places was Muro (98.2%), with Blanes posting the highest weekend occupancy (97.8%).
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