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Airline Flight capacity is set to hit record levels by the end of this month, according to new figures released by OAG, a data and analysis provider for the aviation industry. The report showed that airlines around the world will provide 317.4 million seats to passengers during the month of April in 2011. This figure is 5 per cent higher than at the same time in 2010 and represents the highest capacity ever provided by the industry. Spain was said to be the most popular destination for Brits, with the ever-popular Costa del Sol and the Canary Islands attracting large throngs of holidaymakers. Fuerteventura has seen the largest increase in visitors compared with recent years because of many tourist choosing the Canaries rather than north african countries so good bargains were said to be had in destinations such as Egypt and Tunisia. Easter is always a busy travel time for Britons, but next Friday is a public holiday to mark the Royal wedding — and, according to reseach, it appears many Britons would rather take an overseas vacation than stay in the U.K. to watch it. Source OAG http://www.buyin-fuerteventura.comLabels: buyin fuerteventura, canaries, canary islands, flights, fuerteventura
The confirmation came yesterday from the Gran Canaria Tourist Board, which announced details of its financial contribution of 60,000 euros to bring the British singer to the island, where he will perform with the Philharmonic Orchestra at the football stadium. Board chief Roberto Moreno said he was convinced the gig, part of Sting's Symphonicity world tour, was a great investment to raise the Canaries profile on the international music scene. The Board is already in talks with tour operators to organise special Sting Concert holidays in the first half of July to enable people to attend the show. http://www.buyin-fuerteventura.com Labels: buyin fuerteventura, canaries, canary island, Gran Canaria, Philharmonic Orchestra, sting, sting concert
The last 3 weeks or so has seen the pound trade against the euro eadrom lows of 1.129 to a high of 1.1650 which has quite an impact on any money you transfer. Pretty good news though if you are sending your money back to the UK . The recent change in rates means that if you are transferring a £1000 insteadof getting around 1150 euros you will probably receive today around 1120 euros, it doesnt sound a great deal but multiply by 12 and all of a sudden you have lost at least 360 euros per year.
Now why is is happening?
You have no doubt read quite a bit about all the problems in the Eurozone, not least recently with Portugal having to go cap in hand to the ECB and IMF for a bailout and the rumour mill still persists that Spain will follow. Nobody is too sure if this will happen, what we do know is that Spain certainly is trying to manage its economy in a far stronger way than Portugal had been. It has introduced a string of measures to tackle the problem by increasing taxes etc and it hopes to avoid non repayment of its debt.
-The interesting time will come at the end of ths month when its due to pay back interest on funds raised earlier.
Whilst much has been said about the eurozone the UK has unfortunately been creaking a little and ocassionally this goes unnoticed by the general public although a quick look at the rates of exchange will confirm all is not right in the UK.
Consumer confidence is low, retailers have been issuing various profit warnings and just recently have announced the lowest March retail figures for a considerable time. Manufacturing sector is also showing concerns due to the increase in raw material costs. Add this to the poor housing sector with an insufficient number of new mortgage applications and you start to answer, why the pound is performing so poorly.
Generally people in the UK are attempting to pay off their debt as they are concerned about the possibilty of interest rate hikes and the impact on their pockets, they are paying off debt rather than incurring it . Of late eyes have also been focussed on the UK banking sector as the Independent Commission will soon publish its report on the Banking sector. The aim will be to ensure the British taxpayer will not have to bail out the banks in the event of another crisis. One of the views is that It appears the banks will have to ring fence customer savings and deposits from any high risk future investments. Further far reaching proposals will be included so keep your eyes open for the publication of this report.
With the recent interest rate hike in the Eurozone and the concerns in America it is clear that investors have an appetite for the euro hence the additional reason for its strength as it at the moment the favoured currency. Against the dollar it has recorded recent highs of 1.4490 and the probabilty of going beyond this figure is not that far away.
As with all things the market can change quickly so if you don't need to change your money now then it may just be worth the wait. Are you a gambler?
If you need any advice on when to transfer your money to the Canary Islands please contact our preferred partner Moneycorp on 951 319 700 and mention Goldacre Estates of Fuerteventura
http://www.buyin-fuerteventra.com Labels: buy in, buyin fuerteventura, fuerteventura, goldacre estates, moneycorp
John Goldacre and Artemis Anagnostopoulou acquire Fuerteventuras leading Holiday and Management company Room To Breathe S.L with aquisition of 100% of the Canarian companies shareholdings. FOR IMMEDIATE RELEASE PRLog (Press Release) – Apr 04, 2011 – Acquisition of share capital of Room to Breathe S.L. John Goldacre and Artemis Anagnostopoulou acquires Fuerteventura’s leading Holiday and Management company Room To Breathe S.L Chris and Janet Minty the previous owners of Room To Breathe S.L, will be retiring from the day to day management to spend more time with their family and enjoy the beautiful Island of Fuerteventura, the company announced today. http://www.roomtobreathesl.com Christopher Minty stated that they had decided to pursue their dream of a peaceful retirement in the sun and forego the pressures of having to work on a day to day basis. The new owners of Room To Breathe S.L, John Goldacre and Artemis Anagnostopoulou will be incorporating Room To Breathe S. L into their already successful portfolio of companies in Fuerteventura. GoldAcre Estates is one of the leading Real Estate companies in the Canary Islands with offices in Fuerteventura, Gran Canaria and Greece. http://www.goldacre-estates.com A spokesperson for GoldAcre stated that ‘The acquisition of the 100% shareholding in Room to Breathe complements the services that GoldAcre Estates already offers to its clients and this can now be expanded to include a range of services to assist each and every client during every step of the purchase and on-going management and rental of their property in Fuerteventura’. Goldacre stated that they are committed to maintaining services to the existing clients of Room To Breathe S.L and to offering many enhanced services and improvements over the coming months ahead. June Dean has now been appointed the Manager of Room To Breathe S.L. June has a wealth of experience to bring to her new role and has spent the last 6 months working in GoldAcre Estates absorbing the company’s philosophy, company practices and service commitment. June’s credentials include owning and managing a very successful holiday rental and management company in Tenerife for 4 years, prior to moving to Fuerteventura some 2 years ago. June Dean will be active in her new role from Monday 4th April 2011 and will be based in the Room To Breathe main office at the Tamarindo Commercial Centre in Corralejo. The previous owners of Room to Breathe S. L will be ensuring a smooth transition and handover to the new owners and management team. source BuyIn Fuerteventura http://www.buyin-fuerteventura.com Labels: Artemis Anagnostopoulou, buyin fuerteventura, canary islands, fuerteventura, goldacre estates, holiday rental, John Goldacre, minty, propert management, room to breathe
 New Huelva- Canary Islands Ferry Service Commences. Today is the start of the new ferry service between Huelva and the Canary Islands, a journey which takes 28 hours. The first ship left the port of La Luz in Las Palmas on Gran Canaria at 08:00 and will stop in Santa Cruz on Tenerife on her voyage to Huelva on mainland Spain. The ferry is the Volcán del Teide and is operated by the company Naviera Armas and has recreational areas, viewpoints, Videocine, meeting rooms, buffet, bars, pool, gym, games room and playground for children, 124 cabins with 478 beds, 500 reclining seats reclining seats and a VIP room. Crossings are every Thursday from the Canaries, arriving Friday in Huelva, and every Saturday from Huelva, arriving Sunday in the Canary Islands. On the first crossing are 320 passengers and 120 vehicles. A one way crossing with reclining seat and a car is about 210 Euros. The ferry crossing will be an important addition to travel to and from the Canarian Islands especially for people with property who may want to transport large personal items to their villa or apartment. Source Naviera Armas and Nerja NewsLabels: canarian island, canaries, canary island, Gran Canaria, huelva, las palmas, naviera armas, santa cruz, spain, tenerife
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