Time to invest in Spain

Rise in holiday bookings bode well for Spanish property investment. Investors interested in property in Spain could benefit from more rental opportunities as more British choose to holiday in Europe. The Travel Association, bookings to Spain have increased by 11 per cent compared to last year, showing that the destination is becoming more popular with holidaymakers.Short breaks are also seeing more people travelling into the country, as economies around the world recover and capital has been freed up to boost overseas stays. This year that Spain was the UK's favourite holiday destination for breaks during the Easter period, with the Canary Islands being the most popular hotspot among British travellers.

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Source: Property showrooms

Currency Exchange news

Here you have some news about the currency exchange

Euro:

The euro finally took a hit and dropped slightly against both the pound and dollar after Moody’s Investors Ser­vice cut the ratings of Portugal's long term government bond rating to Ba2 or junk, with a negative outlook. The euro fell below $1.44 on the dollar and traded on the 0.90 handle against sterling. The credit rating agency sin­gled out the insistence of European leaders on private bondholding taking part in the Greek bail-out as a reason for the downgrade, and also noted Portugal was likely to need a second bail-out before it could raise money in the capital markets.

Dollar:

The dollar weakened against most of its major counterparts on speculation the US jobless rate will remain ele­vated, delaying any tightening in monetary policy by the Federal Reserve. The greenback fell for the seventh time in eight days against the euro as economists said figures this week will show US companies added 100k workers in June, less than 200k cited by some analysts as the minimum needed to bring down unemployment. The nonfarm figures are due out on Friday. We have seen a small improvement in the dollar versus the euro in the UK early morning trading session after Moody’s cut Portugal’s debt levels to junk status.

GBP/USD 1.6012

GPB/EUR 1.1141

EUR/USD 1.4364

Source : Rook International

Fuerteventura due for a profitable 2010

Initial figures show that Fuerteventura has seen the largest increase in flight reservations across the whole of the Canary Islands. A major contributing factor is undoubtedly the return of Ryanair to Fuerteventurian skies for the first time in 18 months, but these results are also boosted by the continued low cost services from Aer Lingus, Monarch and Easyjet.

The Councillor of Tourism for Fuerteventura, Agueda Montelongo who last year was quoted as stating “there is no tourism crisis”, greeted this month´s news with the comments,” good news for the tourism sector of Fuerteventura…we are dealing with estimates that are consistent with the expectations of economic recovery we´ve been seeing in recent months.”

The news of a healthy forthcoming summer season will naturally boost all tourism related businesses on the island, as well as the real estate sector and 2nd home property market. The also illustrates that the Tourism for Fuerteventura strategy of attracting fresh emerging markets to the island whilst continuing to attract visitors from longstanding European destinations is paying dividends.

Great Britain leads the way with a flight bookings increase of 68% for the summer, Germany enjoys and increase of 24% and mainland Spain has also seen a 4% rise in bookings.

In total the island should enjoy an increase of 30% on flight bookings in comparison to last year, thus demonstrating a level of economic stabilistation following a traumatic 18 months.

School's Out: 9 cheap deals for childless travellers from Skyscanner

School holidays are a notoriously expensive time to travel.

In the world of supply and demand, airlines and accommodation suppliers push up their prices during the holidays, forcing parents to cough up, or stay home.

But for those not tied to the national curriculum, there are great deals to be found either side of the vacation period.

Flight comparison site Skyscanner (www.Skyscanner.net) introduces some bargain breaks for the childless traveller.

Fuerteventura, Canary Islands – from £162
Save: over £250
You won’t have any problems finding your very own place in the sun on Fuerteventura. This laid back Canary Island boasts over 125 miles of beach and is located at the same latitude as parts of Florida and Mexico with the mercury rising as high as 23C, even during winter. Stake a place on the sand at Jandia, a huge natural beach that extends some 20km along the shoreline. There are also plenty of dunes and lagoons to explore and all just a four hour flight from the UK. Travel outside of the half term holiday and you’ll pay less than half the price for your flight. Find cheap flights to Fuerteventura

Geneva, Switzerland – from £39
Save: over £200

With snow in abundance in the Alps, a last minute ski trip is a great option right now. Geneva is an ideal landing point for winter sport lovers offering the choice of over 100 ski resorts within two hours’ drive. One of the closest is Lelex, a small resort served by 13 ski lifts, ideal for beginners. At the other end of the scale there’s Morzine, part of Les Portes Du Soleil, a huge interlinked ski area offering some 650 different pistes, served by over 200 ski lifts. Travel the week after half term and you’ll get flights for less than a quarter of the cost during the holiday. Find cheap flights to Gevena

Sharm El Sheikh, Egypt – from £318
Save: over £150

With almost guaranteed sunshine and plenty of beach space, Egypt has long been a hit with families. So evade the child invasion by travelling the week before half term and save yourself more than £150. That also means you’ll have much more mullah for spending on dive adventures in the Red Sea, desert quad bike treks, and of course, après sand activities. Find cheap flights to Sharm El Sheikh

Orlando, Florida – from £440
Save: over £500

With the Harry Potter hype reaching magical proportions, Orlando is set to become even more popular, as muggles from all over the world head for Harry’s homeland to enjoy the delights of his ‘Wizarding World’, which is due for completion in spring. For now, you can beat both the Harry Potter and half term crowds and enjoy Orladno’s alternative attractions instead; go gator spotting in the Everglades with an airboat adventure, treat yourself to a little luxury shopping at Tiffany & Co, Cartier, or Jimmy Choo at The Mall at Millenia, then taste the local vintage at the Lakeridge Winery. Find cheap flights to Orlando

Dubai, UAE – from £347
Save: over £50

With all its modern child-friendly attractions, Dubai has drawn an increasingly large portion of the family holiday market. Be sure to avoid all that, and the costs that go with it, by travelling the week before half term. That means you’ll have more to spend in the chic shopping centres, on a champagne brunch or on some cheap nuggets at the Gold Souk. Get your haggling hat on if you want to bag some bargain bullion though, and watch out for fool’s gold! Find cheap flights to Dubai

Jamaica – from £431
Save: over £200

Jamaica has the beaches, the relaxing atmosphere and the cocktails to make all your winter blues disappear. There are hotels to suit all tastes and price ranges, but one of the best is the ‘Breezes Runaway Bay Resort and Golf Club’ where you can have a round on the course before enjoying a round at the bar. You can also swim with dolphins, go river rafting, or visit the Bob Marley Museum. Head to this Caribbean country the week before school’s out and you’ll save over £200 on the flight. Find cheap flights to Jamaica

Marrakech, Morocco – from £160
Save: over £300

Marrakech’s close proximity to the UK has meant it’s become a rising star for those seeking somewhere exotic, yet only a short flight away. In the heart of the old city is Djemaa el-Fna, a busy square with a carnival-style atmosphere with entertainers, performers and delicious Moroccan food from local stalls. Adventurous travellers can even head out of the city to Oukaimeden in the Atlas Mountains for some African skiing. Go the week before the kids come out to play, and you’ll save over £300 on your flights. Find cheap flights to Marrakech


Paphos, Cyprus – from £109
Save: over £150

It may be at the cooler end of the temperature spectrum, but it´s still possible to enjoy days on the beach here during the winter months. Unlike other resorts on the island such as Ayia Napa, Paphos is open for business all year round and there are no less than eleven blue flag beaches in this region, making it an ideal base for exploring gems such as Konnos Bay, Cape Greco or nearby Coral Bay. Head off before half term and save more than £150 on your flight. Find cheap flights to Paphos

Luqa, Malta – from £114
Save: over £100

This small Mediterranean Island is fast becoming a popular spot with families due to its child-friendly attitude, year-round good weather and good value. Go the week before half term and you’ll be able to enjoy Malta’s distinct Mediterranean cuisine, intriguing architecture and interesting history that make it a great place for childless travellers too. The fact that you’ll save over £100 by travelling before the holiday helps sweeten the deal. Find cheap flights to Malta

Prices are for return flights and include all mandatory taxes, based on Saturday to Saturday, or Sunday to Sunday departure/return. Departures are from London airports, other options may be available. Prices correct at the time of writing but are subject to change. Please check for www.Skyscanner.net for the most up to date information.

About Skyscanner
Skyscanner is a leading travel search site based in Edinburgh, Scotland. Skyscanner provides instant online comparison on flight prices for over 67,000 routes on over 600 airlines, as well as car hire, hotel and holiday price comparison. With Skyscanner, users can browse without having to enter specific dates or even destinations, and Skyscanner is available in 20 different languages including French, German and Spanish.


Source
www.skyscanner.net
sam@skyscanner.net
Tel: +44 (0)131 252 5353

Canary Islands and Fuerteventura Flights

As we have been reporting in our blogs a whole raft of new flights and increased frequency of existing flights have been announced since our last newsletter. This is great news for all the canary Islands and in Particular for Fuerteventura who lost the Ryan Air flights at the beginning of the year. Below we have tried to sort out which airline has announced new flights recently

Palmair is returning to Exeter airport for the first time in a decade this winter with flights to Fuerteventura, after already announcing flights to the same destination from Bournemouth.

Monarch will be adding two flights a week which will operate from Manchester to Fuerteventura plus weekly services from Birmingham, Gatwick and Luton.
Gran Canaria will be served by two new flights a week from Birmingham and Manchester and a weekly connection from Gatwick. The airline is also stepping up frequency to Tenerife.
The introduction of new services to Fuerteventura and Gran Canaria brings the total number of routes operated by Monarch for summer 2010 to 49.

*New route Fuerteventura - two flights a week from Manchester and one flight a week from Birmingham, Gatwick and Luton
*New route Gran Canaria - two flights a week from Birmingham and Manchester and one flight per week from Gatwick
*Increased frequency: Birmingham-Tenerife - six flights a week
*Increased frequency: Gatwick-Tenerife - seven flights a week
*Increased frequency: Luton-Tenerife - seven flights a week
*Increased frequency: Gatwick-Lanzarote - up to six flights a week
*Increased frequency: Manchester-Lanzarote - up to seven flights a week.

Jet2.com has announced three new routes for the summer of 2010 from Manchester airport to Gran Canaria.The announcement came as Ryanair dislcosed plans to cut routes from the Manchester airport. Jet2.com has also increased the frequency of its summer 2010 services to Lanzarote
Prices for summer 2010 now on sale from Manchester includeGran Canaria from £59.99 departing from 1 May 2010

Easyjet The low cost carrier is to serve Fuerteventura from Liverpool and Stansted and Lanzarote from Liverpool. The new flights start on the 2nd November (Liverpool-Fuerteventura)

RyanAir will be starting 15 new flights into Lanzarote, which is good news for Lanzarote and also for Fuerteventura which is only a 12 minute ferry crossing with Fred Olsen from Lanzarote. The flights will commence from late October from various UK airports and run until the 31st of March 2010 and possibly beyond. A total of 39 new routes will run this winter from three islands. The services will start in October from Gran Canaria (16), Lanzarote (15) and Tenerife (8) as Ryanair switches aircraft away from Stansted and Dublin

Added to this and a Canadian company, Harbour Air Seaplanes have approached the Canarian port authorities in Los Llanos on the island of La Palma and Santa Catalina in Las Palmas, Gran Canaria to seek approval to begin flights between the islands with more services to follow for other islands.