Costa Blanca tourist officials have been promoting the region at London’s World Travel Market, focusing on strengthening ties with the UK — its largest foreign visitor base — and exploring opportunities in emerging markets like China, the U.S., and Eastern Europe.
Jose Mancebo, director of the Costa Blanca Tourist Board, noted that 35% of foreign tourism in Alicante province comes from the UK. In 2024, British visitors are staying longer (7.3 days on average) and spending more — up 14.1% from last year. Benidorm remains the top destination, attracting around 60% of British travellers.
The Costa Blanca delegation also met with China Travel Online, the largest holiday portal in Asia, as well as tour operators from the U.S., Poland, and Italy, opening new doors for international tourism.
Investment Opportunities
For property investors, this growing influx of international visitors presents a promising opportunity. With rising demand for short-term rentals and vacation homes, especially in The Costa Blanca, the region is set to see strong rental yields.
The expansion into new markets also signals potential long-term property value growth. As Costa Blanca becomes an increasingly popular destination, both for tourists and investors, now could be an ideal time to invest in property, with strong returns and future growth expected.
Posted by: Adam Hatton on 26/11/2024
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The City of Torrevieja is currently allocating significant funds for its La Purísima and Christmas festivities. The total budget, not including last-minute concert expenses, stands at 1,500,000 euros.
The Council has tendered nine public contracts for various items and events, such as costumes and accessories for the Queen of the Salt and her Ladies, costing 13,000 euros, and the Diego Ramirez Pastor Award Gala, priced at 17,477 euros. In addition, the lighting for festivities and Christmas alone costs close to half a million euros.
Additional expenses include organising and producing Christmas activities (200,000 euros), La Purísima patron saint festivities (208,373 euros), and assembling of the municipal nativity scene (80,000 euros). The Salt Queen Gala costs 46,451 euros, while the Three Kings Parade will set us back in the region of 237,000 euros.
A concert by Lori Meyers Granada, costing 160,000 euros, will also be approved by the Council soon. Other events, like Halloween and this weekend’s gastronomic festival, further add to the spending, with the latter budgeted at 69,271 euros.
The question arises as to whether this extensive outlay is justified, considering the current economic situation of many residents and the significant amounts of taxpayer money involved, or whether the Christmas spending of Torrevieja City Council is simply spiralling completely out of control.
Sorce: https://theleader.info/2024/11/16/is-torreviejas-christmas-spending-out-of-control/
Posted by: Lloyd Kelly on 25/11/2024
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