Another large hotel chain has just announced the opening of a new all inclusive superior hotel in Tenerife. The hotel claims to continue the tradition of providing unique vacation experiences, rooted in superior customer service and quality, in the world’s most popular tourist destinations.

The hotel chain say they are expanding their offering in Tenerife to cater to both families and luxury travelers with the addition of the new hotel.

All inclusive hotels claim to offer the experience of the highest level of service, quality, cuisine and amenities. For properties that are all-inclusive, the experience sometimes includes tips and taxes, food and beverages, non-motorized water sports, entertainment and resort activities.

All inclusive seems to be a growing trend amongst hotel chains, many local businesses suffer because of this growing insular form of tourism. More should be done to encourage free activities outside of these all inclusive resort hotels. Tourists wearing coloured wrist bands are less likely to boost the economy of Tenerife because they have already paid for everything before departing on their holidays.

Maybe something should be done to limit the new brand of all inclusive tourism before it completely strangles local businesses. These local businesses add variety to the Tenerife tourism experience, empty bars and restaurants will hardly focus the spotlight on Tenerife as a popular tourist destination.

Tenerife tourist are of course free to leave these all inclusive resort complexes but, from what the locals are saying, businesses are already being squeezed out by this modern trend. Will these top hotels chains still be able to claim Tenerife is one of the most popular tourist destinations in the future?

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

This is an outstanding bargain property in Tenerife.

Located in the quiet modern village of Piedra Hincada, this townhouse is an ideal family home. It has a large lounge, separate kitchen with breakfast area, three bedrooms, two bathrooms, and  a downstairs cloakroom.

There is a front terrace, a garage to the side and a large rear terrace which holds a surprise in store. The current owners have built a large utility/store room and an outdoor kitchen and dining area with built in barbecue. This has been tastfully done within a pergola, what a fantastic house to enjoy and entertain your friends.

The price is only €178500 Euros, which for a house of 130 square metres on a plot of 205 square metres, is an exceptionally good price. This bargain property in Tenerife is immaculately presented and will be sold very quickly at such a competitive price.

Visit our main website to see this outstanding bargain property in Tenerife

International superstar Whitney Houston will be performing a concert in Tenerife on 30th April 2010. The concert is set to take place on the Costa Adeje golf course where Rod Stewart performed so successfully earlier this year.

Whitney Houston will also be performing in Paris, Dublin, London, Milan,Rome and Zurich as she conducts her European Tour. It will be her first European tour for eleven years.

Tenerife is now firmly on the map as an international pop concert venue, Whitney Houston will follow in the foosteps of other international superstars like Elton John, Gloria Estefan, and Rod stewart. The availability of cheap flights to Tenerife, fine weather, and a large population all make the Island an attractive location for outdoor concerts.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

We found an article which highlights the events surrounding another suspicious death in Tenerife. Although the death was nine years ago it echoes other cases where a person has died suspiciously in Tenerife and due to lack of evidence, the UK Coroner could only record an open verdict.

Jason Whitebread 27, from Nailsea in the UK, was staying with his brother John and his family and died the day he was due to depart after a three-month stay. He had told friends that he would use his stay in Tenerife to try and quit his heroin addiction but nobody seems to know whether he continued to take drugs during his stay.

On the morning of August 8th 2000 he was taken to the airport by a friend of his brothers known as Steve. Evidently he checked in his bags and went through passport control but did not board the flight.

The next known sighting of Jason was not until the next morning where he was found unconscious in his brothers car early in the morning. He was discovered by road sweepers in a square in the town of Puerto de la Cruz and was immediately taken to hospital. Sadly Jason never recovered consciousness and died on October 10th.

These circumstances are very suspicious to say the least, but what is alarming is that the Spanish Authorities refused to allow access to the Somerset and Avon police to conduct their own enquiries.

Unfortunately by the time Jason’s body was repatriated it was not possible to carry out toxicology analysis because the body had not been embalmed. The medical reports concerning Jason’s death have never been released by the Spanish Authorities so the circumstances of his death will never be known by the UK Authorities.

Avon Coroner’s Officer Allan Melhuish said that Avon and Somerset police had been “thwarted” in their attempts to investigate Jason’s death. He said: “The circumstances which led to Jason being found in this car are wholly unacceptable.

You can read the fully article published by “thisissomerset.co.uk” here. You can read more about the families plight.

The amazing thing about this story is that it raises more questions than answers. Why would someone check in for their flight, pass through airport security and then vanish and what really happened during the hours that passed before Jason was discovered unconscious?

The sad thing about this story, apart from the tragic death of a young man in Tenerife, is that the family may never know the facts surrounding this case, that must make grieving so hard. Tenerife, although in the Euro zone is an autonomous community, not governed by Spain, maybe that is why the UK Authorities have been unable to obtain the case information surrounding this suspicious death. It would be interesting to know more about this case.

The case of 24-year-old Sarah Hancock, a holiday rep on the Island was also very suspicious, with an open verdict being recorded despite some very suspicious circumstances surrounding her death. 40-year-old David Brueton also died swimming in the sea of Las Americas and the UK Coroner recorded an open verdict. There maybe other cases, especially those which do not get reported in the media.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

23rd November 2009

Last week began with the release of monthly trade balance data for the Euro zone on Tuesday. This revealed a larger than expected surplus, easing some concerns that a strong Euro is hindering the economy’s export performance. This in turn improved investor risk appetite which ultimately contributed to the GBP/EUR rate rising to intra-week highs above the 1.13 level.

Further through the week an absence of any further major Euro zone economic data left the Pound’s weakness as the primary source of any Euro gains, particularly after Wednesday’s poor Bank of England minutes. However, by Friday GBP/EUR took a further downfall as the Euro gained strength after the surprise comments by the European Central Bank President Jean-Claude Trichet. In brief his comments warned that the banks should prepare for the unwinding of stimulus measures, which could be taken away promptly if the threat of inflation awakens.

As a result GBP/EUR closed down 0.83% at 1.1101, from 1.1194 a week earlier, continuing to improve market conditions for those converting Euro’s into Sterling further.

This week sees the release of German business conditions data on Tuesday and consumer confidence on Wednesday, both of which will help shape economic growth expectations for the coming months depending upon their positivity. Friday will also see the release of Euro zone business, consumer, and industrial confidence data which could support the Euro if stronger than expected. As for the UK, this week sees the release of Private Consumption, Government Spending, Imports and Exports and most importantly GDP figures all on Wednesday. With the recent array of disappointing data releases from the UK and increasingly optimistic figures from the Euro Zone, it may be a wise to consider buying Euros before the market possibly falls.

In order to take advantage of these spikes, and protect yourself from the falls you should consider “forward buying contracts”, and “limit and stop loss orders”, all of which can help maximise your returns. Visit our main website for Live Exchange Rates or visit our recommended Money Broker website to help with your currency exchange rate problems.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

18th November 2009

On Friday morning the Euro zone officially announced it had come out of recession with a growth in GDP of 0.4% just under expectation for a growth of 0.5%. The currency markets had priced in the figures and so we saw little movement in exchange rates between Sterling and Euro. The German ZEW think-tank’s business survey showed that confidence levels in the Euro zone’s largest economy weakened in November, raising some concerns that the economy’s recovery could be more tentative in the coming months.

One of the reasons why the Euro zone has recovered quicker than the UK is because their financial sectors account for a smaller proportion of their economies. Stronger exports driven in Germany particularly by the car market has contributed hugely to the Euro zone’s recovery. Only Spain and Ireland remain in recession. These announcements have potential to affect GBP/EUR exchange rates so if you are looking to purchase any of these currencies now maybe the time to contact your account executive to discuss the options available to you.

In order to take advantage of these spikes, and protect yourself from the falls you should consider “forward buying contracts”, and “limit and stop loss orders”, all of which can help maximise your returns. Visit our main website for Live Exchange Rates or visit our recommended Money Broker website to help with your currency exchange rate problems.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

Businesses are changing hands frequently in Los Cristianos at the moment, especially bars, cafes and restaurants.

We are getting enquiries and we have clients with specific enquiries. If you have a Los Cristianos Bar, Cafe, Restaurant or business for sale please email us with details so that we can match your business up with waiting buyers. sales@expediaproperty.eu

Don’t miss out on an opportunity to sell you business.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

3rd November 2009

The Euro stabilised towards the end of last week after early losses against Sterling. Consumer prices in the Euro zone fell 0.1% during the year and combined with a slowdown in money supply growth, to 1.8% in September from 2.6%, made October the fifth consecutive month that the annual rate has remained negative. In turn this raised fears that the European Central Bank (ECB) may need to keep interest rates low in order to maintain support for the economy. Finally, the week ended with the announcement of a 9.7% unemployment rate, the highest since the Euro’s introduction.

The GBP/EUR rate closed up 2.66% last week at 1.1159, from 1.0870 a week earlier, benefiting those converting Sterling into Euros. Those looking to do so in the future should discuss the possibility of a forward contract in order to take advantage of today’s rates up to two years into the future.

This week sees the release of the latest interest rate decision by the European Central Bank on Thursday. With a no-change decision widely expected the Euro is likely to gain strength and with it weaken GBP/EUR exchange rates. Finally, coupled with the prospect of further Quantative Easing by The Bank of England on Thursday those looking to purchase Euros should perhaps be considering the possibility of doing so before rates fall further.

In order to take advantage of these spikes, and protect yourself from the falls you should consider “forward buying contracts”, and “limit and stop loss orders”, all of which can help maximise your returns. Visit our main website for Live Exchange Rates or visit our recommended Money Broker website to help with your currency exchange rate problems.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

Last week saw a very turbulent week, with Sterling starting at a low 1.0880 against the Euro, and strengthening to just over the 1.11 mark in the early part of the week, as Bank of England minutes on Wednesday morning showed unanimous support for a halt in the Quantitative Easing programme upon signs the economy was beginning to recover. Sadly, this strength was to be short lived as GDP figures on Friday unexpectedly showed that the UK was still in recession for the third quarter. Upon this release, Sterling dropped a cent against the Euro in seconds, then a further drop down to 1.0810 as the day went on.

This news was a huge blow to the UK economy, as almost all analysts had been predicting that the UK would see a return to growth in line with the rest of the world. If the US shows positive GDP figures this week as expected, then it is likely that the United Kingdom will be the last of the major world economies to exit recession, which is likely to have catastrophic consequences for the pound. Prime Minister Gordon Brown announced over the weekend that the UK would see a return to positive economic growth by the end of the year, although he offered no justification for his comments other than confidence in the future success of government fiscal policy.

Data releases on the continent were on the quiet side last week, with Sterling strength, then sudden weakness being the driving factor behind the GBP/EUR cross, and this is likely to remain similar for the week ahead, with housing data from the UK on Monday, and inflation data from the Eurozone on Friday the only noteworthy releases, and neither likely to have a significant effect on the market.

More likely to affect the market are speeches by key policymakers such as central bank Governors Mervyn King or Jean-Claude Trichet as well as government finance ministers from the UK and Europe. Unfortunately, the markets get very little notice of such announcements, and thus they react sharply to any comments as and when they appear.

In order to take advantage of these spikes, and protect yourself from the falls you should consider “forward buying contracts”, and “limit and stop loss orders”, all of which can help maximise your returns. Visit our main website for Live Exchange Rates or visit our recommended Money Broker website to help with your currency exchange rate problems.

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property

View from the Apartment - Roque del Conde

Wonderful 2 bedroom apartment on Roque del Conde with amazing views over the pool area and down to the coast. 2 large bedrooms, bathroom, American style kitchen, lounge dining room.

The apartment complex has a swimming pool and the apartment comes with an underground parking space.

The apartment is being sold fully furnished ready to move into.

View the property page for this Tenerife Apartment in Roque del Conde and see more photos. The price is only €178500 Euros – Fully furnished

Blog posted by Expedia Property SL – Tenerife Estate Agents for Tenerife Property