Monday, March 22, 2010

Puerto de la Cruz: City in crisis without end

imageAccording to an article in El Dia (via territoriosred), Puerto has become the least profitable resort in Spain, lost 150,000 visitors in 2009 and has duplicated its number of unemployed since 2007.

Tenerife's first tourist development is sinking financially, with the numbers suggesting that it is doing so in free fall.

In 2008, 61% of Puerto's tourists were Spanish, while in 2009, they made up 62% of the total even though, in raw numbers, there were 82,500 less of them. Conversely, the markets with "greater acquisitive power" (German and Nordic) have reduced.

The current mayor of Puerto de la Cruz, Marcos Brito (CC) reckons things have reached rock bottom. Meanwhile, it is said that Puerto Town Hall, with it's debt in the millions, isn't in any condition to re-launch the languishing city.

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