Gran Canaria's tourism records keep tumbling as demand soars and the number of flip-flops on the beaches goes up and up.

Published in News

We cover Gran Canaria from nose to tail and while we love the remote bits, lots of people's favourite spots are close to the resorts. Here are the top spots that south Gran Canaria's tourists love the most. 

Published in Top 10
Tuesday, 10 June 2014 01:00

The Economy: Boom Bust and Sunshine

From prehistoric times Gran Canaria's economy has depended on turning the sunshine into things to sell to passing ships. As demand went up and down for what the island grew, it experienced booms and busts: It's why the cathedral in Las Palmas took hundreds of years to finish.

Even before the Spanish it's likely that the island's original inhabitats traded with passing roman and Phoenecian ships until these disappeared. The Canarii then went through a few lean centuries when they were the main export of the islands: Slavers from Europe and North Africa raided regularly. 

Crops

At different times large areas of the island were planted with sugar cane, coffee, grape vines, and cactus for cochineal. The Caribbean proved better for sugar production (although rum is still made on the islands), disease put paid to the wine (mentioned by Shakespeare), and artificial dyes destroyed the cochineal trade. Bananas are still a faithful crop but have to compete with cheaper Caribbean imports. 

The lean periods saw thousands of Canarians migrate to South America, and especially Cuba and Venezuela. The modern economy of Gran Canaria is based around tourism, and Las Palmas’ huge container port. The island grows bananas, tomatoes, cucumbers and aubergines for the European market and olive oil and coffee are comig back.

Canarian wines and cheese are earning good reputations abroad. Gran Canarian cheese, particularly goat and sheep cheese from Guia in the north, regularly wins international awards. Gran Canarian wine is a mixed bag: The whites are excellent but the reds still lag behind vintages from Tenerife and Lanzarote. 

Tourism

Catering to tourists dwarfs all other economic activities in Gran Canaria: Over three million visit Gran Canaria every year. The huge majority stay in the tourist resorts along the south coast. 

Tourism is now the islands largest industry and its biggest employer.

 

 

Published in Guide

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Tip of the day

  • Tip Of The Day: Avoid Bank Card Charges By Paying In Euros
    Tip Of The Day: Avoid Bank Card Charges By Paying In Euros

    Save money and avoid rip-off bank charges while in Gran Canaria by paying in euros when using your credit or debit card.

    Many bars and restaurants in Gran Canaria, and in almost all European holiday destinations, give you the option of paying in euros or in your home currency. Opting for your own currency, while it may seem like the safer option, can add as much as 5% to the bill as it triggers dynamic currency conversion. 

    DCC basically means that the exchange rate is calculated at point of sale rather than by your bank. It allows you to see the total cost of the transaction in your own currency but adds up to 5% to the total because it uses a terrible exchange rate. 

    Since the extra money is shared between your bank and the merchant, some places will automatically bill you in your own currency and hope you don't notice. You have the legal right to refuse and void the transaction should this happen. 

    ATMs too

    The same applies when taking money out of ATM machines in Gran Canaria (and anywhere in Europe); Always choose the local currency option to avoid losing money to poor exchange rates.

    If you opt for the local currency option, using bank ATMs is often the cheapest and safest way of getting euros in Gran Canaria. It's far safer than having a big pile of euros hidden in your room or tucked into your shorts.

    More details in this Daily Telegraph article.

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