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Recession hits Tenerife beaches

Jim Riley

17th July 2009

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As schools break up for the long-awaited summer hols, all is not well in paradise. In Tenerife, 75% of income is from tourism, and the recession in Europe means that bookings on the island are down on last summer. The weakness of the pound against the Euro has also hit demand from UK tourists for whom Tenerife has long been a favoured destination. This video looks at the businesses affected on the sunshine island

The BBC website is being annoying so here is the link instead of an embedded video.

BBC Video

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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