Is the Euro having a negative effect on Holidays to the EU?
Tuesday, June 3, 2008 @ 6:09 PM
At the moment things are a little quiet in Fuerteventura and Corralejo is a little quieter on the streets at night (so people are saying!!) All sorts of reasons are being blamed including the Euro Rate, The All inclusive, the lack of flights (but airport statistics are stating that visitor numbers are up!)
Personally I think that yes we are in a world recession and people are not spending as much when on Holiday as they used to but, the visitors are here the statistics show that. But where?
I think the reason that Corralejo seems quiet at the moment is not due to the fact we have less visitors it is quite simply that Corralejo is getting larger (it is no longer the little fishing village it was 10/15 years ago!) there are more Bars and Restaurants for the number of visitors we receive to the Island.
Lets say we had 3000 visitors 10 years ago and 20 bars and Restaurants. But now we have 5000 visitors per month but 80 bars and restaurants. Now isn't it going to seem quieter? If everybody visited equally 10 years ago each establishment would receive 22 visitors per day! if we do the same sum now 5000 / 80 / 7 it would show that only 9 visitors would visit each establishment. With all the price rises this is hardly going to allow a business to survive!
Some are saying that it will allow the best businesses to survive and the cream will rise to the top letting the "not so good" establishments to slip out of contention.
Is it just Fuerteventura that is suffering through this sort of economic problem or is this happening in other parts of Spain?