business

Tenerife is the second most searched holiday destination in the UK
Tenerife is the second most searched holiday destination in the UK

A TravelSupermarket report shows that the desire to travel is still there, and holiday prices are currently cheaper than the last two years…

An Easy Guide to Becoming a Prepper
An Easy Guide to Becoming a Prepper

Prepping can range from here to full-on doomsday or disaster scenario preparation… Let’s take a look at how you can ensure you are prepared with our easy guide to becoming a prepper…

Iberia buys Air Europa for a cut-price 500 million euros
Iberia buys Air Europa for a cut-price 500 million euros

The deal was renegotiated during the pandemic from a billion euro sale price, and the fact that Air Europa received Government aid...

The CEOE union approves the extension of the ERTE
The CEOE union approves the extension of the ERTE

The latest government proposal includes the extension of all ERTEs without the need for new administrative authorization or application, which will save management and bureaucratic costs…

Canary Islands hotels expect to be closed until at least June
Canary Islands hotels expect to be closed until at least June

They don’t see reactivation of the tourism sector until at least the second half of the year... some are hoping for support from residents over the next three months with offers on the way...

Government set to extend mortgage and consumer loan moratoriums
Government set to extend mortgage and consumer loan moratoriums

The Government implemented mortgage and consumer credit moratoriums at the beginning of the pandemic which ended in September... they are about to reintroduce them until the end of March...

Benefits for the self-employed are close to being extended until May
Benefits for the self-employed are close to being extended until May

There are a couple of points that need final agreement, mainly the lowering of the threshold of losses to 50% to qualify for it, and that you don’t need to have received it before to apply for it now...

The Government is preparing aid for the hospitality industry, SMEs and the self-employed
The Government is preparing aid for the hospitality industry, SMEs and the self-employed

The new package of measures will enter into force in this first quarter of the year...

Tenerife’s population growth is five times that of Gran Canaria
Tenerife’s population growth is five times that of Gran Canaria

European and South American immigration is the main reason for the population growth on the island… Italians, British, and Germans lead the list of the most new residents…

Banco Santander to close 221 branches 19 of them in the Canary Islands
Banco Santander to close 221 branches 19 of them in the Canary Islands

In all of Spain they are initially closing 221 branches in February and March which is first stage of closing more than a thousand branches in total, costing 3,572 jobs...

The ERTE will be automatically extended until May 31st without re-applying
The ERTE will be automatically extended until May 31st without re-applying

No-one will have to re-apply for it again to ensure a smooth transition and so that SEPE doesn’t collapse again under the pressure…

Jet2 cancels all flights and holidays until March 25th
Jet2 cancels all flights and holidays until March 25th

All flights and holidays from the UK to all destinations are cancelled…

German tourists are already thinking of the Canary Islands for Easter
German tourists are already thinking of the Canary Islands for Easter

The president of the German Federation of Tourism Associations is optimistic about Easter and summer holidays in Spain and the Canary Islands...

Aida suspends Canary Island cruises until March 6th, TUI continue theirs
Aida suspends Canary Island cruises until March 6th, TUI continue theirs

Travel restrictions in Germany have forced the suspension to be extended by almost two months...

Tourist occupation hits all-time low in the Canary Islands
Tourist occupation hits all-time low in the Canary Islands

From next week the tourist forecasts are nil... The absence of tourists forces the closure of more hotels, Riu announce 11 of theirs are closing...

More hotels closing due to strong decline in bookings
More hotels closing due to strong decline in bookings

The Bahía Príncipe Fantasía closes today, and the Landmar Costa Los Gigantes closes on Sunday after the reduction in visitors...

Pre-agreement in place to extend the ERTE until the end of May
Pre-agreement in place to extend the ERTE until the end of May

The current ERTE period ends on January 31st and it is the express will of all to extend them beyond the end of the current State of Alarm, which expires on May 9th…

Timeshare compensation claims still booming during pandemic
Timeshare compensation claims still booming during pandemic

It is the perfect time for timeshare owners to seek advice regarding their memberships and ownerships…

Good news for Spain: The EMA approves the Moderna vaccine
Good news for Spain: The EMA approves the Moderna vaccine

Spain will receive 16 million doses of the formula in two batches, and will get the first in two weeks time...

Canaryfly cancels all flights for 10 weeks
Canaryfly cancels all flights for 10 weeks

The airline has cancelled all flights until March 21st as inter-island travel drops to an all time low...