Tenerife Cabildo Unveils Ambitious €18 Million Investment for Tourism Revitalization

The Tenerife Cabildo has made a bold move by announcing a substantial investment of €18 million earmarked for the year 2026. This financial commitment is designed to breathe new life into the island’s tourist spaces, which are crucial for the local economy and cultural identity. The initiative includes a series of transformative projects, such as the redevelopment of the Paseo de las Vistas in Arona, enhancements to the Puerto Colón waterfront in Adeje, and significant improvements along Aceviño Street in Puerto de la Cruz. These projects are integral to the broader Island Tourism Regeneration Programme (PIER) 2024-2027, which spans five municipalities: Arona, Adeje, Puerto de la Cruz, Santiago del Teide, and San Miguel de Abona. Together, these areas boast 120,970 accommodation places, accounting for over 90% of the island’s total beds and representing the highest concentration of tourists.

Strengthening the Island’s Tourism Strategy

Lope Afonso, who serves as the island’s Vice-President and Tourism Minister, has put forth a proposal to enhance the regeneration programme in the upcoming budget. This initiative is aimed at reinforcing the commitment to regenerative tourism, which seeks to create a more competitive tourism model that harmonizes with the local environment. Afonso’s vision includes not only the physical revitalization of tourist areas but also a shift in how tourism interacts with the community and natural surroundings.

Goals of the Regeneration Initiative

The Island Tourism Regeneration Programme is designed to serve as a crucial framework for revitalizing the image and offerings of the five municipalities involved. Afonso has underscored the significance of establishing a strategy that prioritizes sustainability, ensuring a balance between environmental, economic, and social factors. The overarching goal is to enhance the destination’s appeal, thereby encouraging tourists to spend more during their visits. Afonso articulated that this investment is intended to act as a catalyst for the private sector, inspiring improvements in accommodation and related services. He emphasized the Cabildo’s unwavering commitment to elevating the quality of the tourist destinations that draw visitors to the island.

In addition to these efforts, the Tenerife and the Sea programme is set to launch 20 projects in 2026, targeting various locations including Las Caletillas beach in Candelaria and the development of parking facilities at Punta de Teno in Buenavista del Norte. These projects are expected to enhance accessibility and improve the overall visitor experience.

Community-Centric Improvements and Engagement

The planned improvements under the regeneration programme include the removal of access barriers at beaches, the dismantling of outdated facilities, and enhancements to public amenities. Furthermore, the initiative aims to create new green spaces, restore coastal areas, and protect significant landscape features that define Tenerife’s natural beauty. These efforts are not just about aesthetics; they are also focused on fostering a deeper connection between tourists and the local environment.

Moreover, the Tenerife Cabildo is committed to advancing a tourism model that is more integrated with the local community. This approach involves fostering collaboration with various sectors, including agriculture, commerce, culture, and sports, to develop new experiences that yield a more balanced economic impact across the island. Afonso highlighted the goal of strengthening the island’s economic cohesion and reinforcing its role as a key driver of employment and development. This is particularly important during the traditional Christmas meeting with local businesses, where the Cabildo seeks to engage stakeholders in meaningful dialogue about the future of tourism on the island.

As these initiatives unfold, the Tenerife Cabildo aims to not only revitalize tourist spaces but also to create a sustainable model that benefits both visitors and residents alike. The focus on community engagement and environmental stewardship reflects a growing recognition of the need for a tourism strategy that prioritizes long-term viability over short-term gains.

Key points

• The Tenerife Cabildo is investing €18 million in 2026 for the regeneration of tourist spaces.
• Key projects include Paseo de las Vistas, Puerto Colón waterfront, and Aceviño Street.
• The initiatives are part of the Island Tourism Regeneration Programme (PIER) 2024-2027.
• The programme covers five municipalities, accounting for over 90% of the island’s accommodation capacity.
• Lope Afonso aims to enhance the programme in the next budget to support regenerative tourism.
• Improvements will include better public amenities and the creation of green spaces.
• The Tenerife and the Sea programme will implement 20 projects in 2026.