Tuesday, August 11, 2026
Maspalomas 24h | Newspaper of Maspalomas and Southern Gran Canaria
Hotel profitability continues to decline: Maspalomas' competitiveness compared to Tenerife

Hotel profitability continues to decline: Maspalomas' competitiveness compared to Tenerife

Yurena Vega - M24h Tuesday, July 28, 2026

The latest tourism market data places southern Gran Canaria in a clearly vulnerable position compared to its main direct competitors, such as Tenerife, Mallorca, and the Costa del Sol. Far from leading the economic recovery, the accommodation sector in the southern part of the island is experiencing a clear stagnation in its price indicators, air capacity, and customer satisfaction, revealing an outdated model that is losing its appeal in international markets.

From a financial perspective, the evolution of the average daily price, as reflected in the data updated to July 13, 2026, demonstrates a clear inability to compete with rival destinations. While Tenerife reaches significantly higher peak nightly rates, Gran Canaria remains stuck with prices that clearly lag behind throughout the year: registering €151 in August, €145 in September, €170 in October, €206 in November, €204 in December, €201 in January, €206 in February, €203 in March, €178 in April, €143 in May, and €142 in June. This pricing weakness drastically limits the capacity for modernization of tourist resorts.

The situation worsens when analyzing the updated international airline seat forecasts as of July 20, 2026, where Gran Canaria lags behind with year-on-year growth far below that of its competitors. For the period from July to September, the island recorded a year-on-year increase of 3,74% with 1.200.000 seats, while from October to December it registered a 5,77% increase with 1.000.000 seats. These figures pale in comparison to the growth of Tenerife (which increased by 6,88%, reaching 6.000.000 seats between July and September) or Mallorca and the Costa del Sol, confirming a worrying loss of connectivity and interest from European airlines.

Official reports in Las Palmas confirm traveler dissatisfaction, giving Gran Canaria hotels an average rating of 8,51, broken down as follows: 8,87 for cleanliness, 8,83 for comfort, 9,03 for location, 8,54 for services, 9,14 for staff, and a weak 8,29 for value for money. These figures place the destination behind Mallorca (8,56 average) and reflect that tourists perceive a growing gap between the cost and the actual quality of infrastructure hampered by overcrowding. This scenario of commercial apathy is compounded by the irregularity of hotel occupancy. Gran Canaria recorded occupancy rates of 74,88% in December, 79,21% in January, 82,96% in February, 77,84% in March, 71,51% in April, 69,22% in May, 74,3% in June, 80,85% in July, 83,62% in August, 77,61% in September, 78,95% in October, and 78,25% in November. These fluctuations demonstrate the failure of strategies to reduce seasonality, leaving many resorts in the south empty and negatively impacting the profitability of a sector unable to retain loyal and profitable customers.

 

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