Thursday, May 1, 2008

Welsh tourists to Spain are on the rise

Spain looks set to attract more visitors from Wales this summer after the country is opened up by new flights. bmibaby has announced another new route from Cardiff International Airport to Barcelona and it will start on 24th May 2008 with weekly 2 service operating on Tuesday and Saturday and from June the service will increase to three times, with an additional service on Wednesday.

Crawford Rix, managing director, bmibaby has said that the new services are launched due to the unprecedented demand for low fare flights. This announcement comes shortly after Ryanair revealed that it is to offer new services from Edinburgh to Palma and Malaga. This will help attract investment and improve connectivity to Wales and Spain.

Rental accommodations in Spain could be set to witness a surge in occupancy rates after the country is opened up by these new flights and will generate higher returns for property owners. This could be a lucrative investment for investors who are looking at purchasing a rental property overseas, especially since visitor numbers are steadily increasing. Holiday-Rentals findings have revealed that almost a third of European properties owned by UK-based buyers are in located in Spain.

According to the Civil Aviation Authority, passenger numbers on flights between the UK and Spain went up by 600,000 in 2007.