The CEL emphasizes the need to closely monitor the global landscape, marked by uncertainty arising from the conflict in Iran. This scenario could impact Lanzarote's economy through factors such as rising energy costs, transportation, inflation, and, crucially, tourism activity.
“"The current international environment advises maintaining a prudent and preventive approach, at a time when business confidence indicators are declining."
The business entity has expressed its concern, highlighting that Lanzarote, due to its outermost region status and double insularity, is “especially vulnerable.” This situation increases uncertainty due to its high external dependence for goods transport, energy supply, and tourist arrivals.
The first signs of weakening in the island's tourist bookings are already being observed. The possibility of disruptions in oil flow and rising kerosene prices are beginning to affect the European airline sector, leading to capacity adjustments by some airlines, a foreseeable increase in ticket prices, and a decline in bookings.
The situation in the United Kingdom and Germany, key source markets for tourists to the Canary Islands, is particularly worrying. If this trend intensifies, the archipelago's connectivity could be severely affected, jeopardizing tourist arrivals and, consequently, the economic activity of Lanzarote and the Canary Islands as a whole.
Given this outlook, the CEL stresses the importance of developing a preventive strategy in collaboration with the Canarian public administrations. The goal is to activate mechanisms that ensure supply, strengthen connectivity, contain the impact of additional costs, and protect the competitiveness of businesses and self-employed individuals in Lanzarote.
The latest data from the Business Confidence Indicator (ICE) reveals a 4.6% decrease in the Canary Islands during the second quarter of 2026, while Lanzarote shows a 7.3% drop, one of the most significant setbacks at the regional level. In addition to the international context, the island's economy continues to face structural challenges such as housing availability, administrative bureaucracy, and the need to strengthen legal certainty. Global uncertainty could exacerbate pressure on the housing market, especially due to increased costs of construction materials and transport.
