The Spanish market is the most dynamic

The economic report of the Sa Nostra Bank assures that, by nationalities, the German tourism has been growing in the last fourth month period at a 4.8 percent rate (the report is based on data up until February). The Spanish market, meanwhile, "has continued being very dynamic, growing at a 26.2 percent rate during the months of autumn and winter". In the opposite pole the British tourism, that has continued a descent of 3.4 percent in the last quarter, although reservations maintain a positive tendency. This data that Spanish tourism is truely the most dynamic for Ibiza. On the other hand, the promotional organism of the State, Turespaña, has announced that it will continue promoting to new emergent markets that have a great potential for sun and beach tourists, as well as for cultural tourism in Ibiza.

Turespaña emphasizes in the opening of a Spanish Office of Tourism in Czech Republic, that will reinforce the promotional action in East Europe. In the markets of Asia-Pacific, China and India.

This article was translated and modified from www.diariodeibiza.es the local leading newspaper with local and international news daily updated.

La Fira d´Art de Vara de Rey closes with satisfaction amongst the craftsmen

The Spanish tourists are the ones that have spent the most in this years Art Fair.

"..More people and less purchases, although more expensive."

This was the summary most of the craftsmen in the Fira d´Art who said they are satisfied with the results. Yesterday was the last day in which they could make sales but the bad weather dampened visits to the Vara del Rey. Many agreed that the Spanish tourists are the ones that have purchased the most this year.

"They are on vacation and they don't mind spending a little on a whim. Many have taken advantage to buy the gifts for all the family ", explained the employee of a jewelery stand. Almost all insist that the locals of Ibiza have not spent much in this edition of the fair, although they have acquired some items of lower price. "Usually they buy details, small things, but they do not acquire expensive items, generally", commented a man the owner of a leather products stand.

The stand of most interest was, without a doubt, was the 'Colla de Sa Bodega', a typical artisan workshop of Ibiza. which showed tourists how to elaborate capes, sandals, and tin products.

The economy in Italy, Germany and United Kingdom reinforces the good perspectives for Ibiza

The increase of the price of the petroleum and the numbers of unemployment in the tourist emitting countries are the main threats for the tourism in Ibiza in a year that has begun with evident symptoms of improvement in the private consumption.

The European economic scene walks towards a moderate recovery in spite of the increase of the price of petroleum. La Caixa (Spanish Bank report aserts , that "...the European economy will grow around a two percent this year. The the consumers' confidence recovery allows us to anticipate a positive tendency, and this is very good news for Ibiza. The economic recovery of its main emitting markets: United Kingdom, Germany, France and Italy, consolidate expectations to increase the number of tourists for this season".

The report of ` the Caixa´ insists that the increase of petroleum price continues being the main factor for the present level of inflation and it is harming the air services because it increases their prices.

Germany sent 284,316 tourists to Ibiza in 2005, a 2 percent more than in 2004. Nevertheless, this is one of the countries that sent fewer tourists to the island in the last years because of Germanys' precarious economic situation. The German economy is far from economic stability, because the rate of unemployment is a 11,3%.

The United Kingdom sent last year 583,915 tourists to Ibiza and Formentera, 5.9 percent less than in 2004. After several months of weakness that had worried the British government. But family consumption seems to be accelerating, according to retail sales and the confidence of the consumer.

In Italy, with it's new government, the economy gives us less dissapointing data than those of the prior months, in which the private consumption was characterized by extreme atony. The evolution of the prices in Italy is positive. Another positive data is the increase of exports, a 11 interannual percent more after several months of losing terrain.

The French market in Ibiza and formentera was reduced by 13.8% last year. The new law of employment and the problem of the disturbances in the suburbs have not helped the country in the last months.

This news article was translated and modified from the spanish version at www.diariodeibiza.es the local leading newspaper with news of Ibiza and the rest of the world.
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