The number of available vacation homes this October fell by almost 500 units from 8,016 in October 2024 to 7,578 last month, according to data provided by the Lanzarote Data Center.
Furthermore, if last year the homes reserved during October amounted to 7,703, this October they were 6,669, which means 1,034 fewer units.
In addition, the **average rate fell by 11.4%**, from the 184 euros charged on average per night last year to 163 this year.
The rate that fell the most was that of vacation rentals with eight or more spaces, which dropped by 18.4%, from 521 euros in 2024 to 425 last October.
Thus, the revenue from vacation homes in Lanzarote as a whole has fallen by 4.2 million euros compared to last year, when they earned 23.2 million, down to 19.1 million euros this October.
And that's even though stays increased from 4.65 days in October 2024 to 5.9 days last month.