CaixaBank increases funding for the Canary Islands tourism sector by 40% in the first half of 2026

Across Spain, the value of new financing reached €2.5 billion. The figure reinforces the bank’s position as one of the main financial partners of an industry maintaining a high pace of investment and transformation.

Activity over recent years has consolidated a steady growth trajectory. Between 2020 and 2025, the bank channelled nearly €19 billion into the tourism sector, supporting expansion projects as well as plans to modernise, improve and strengthen competitiveness.

In the first half of 2026, CaixaBank completed more than 2,300 credit transactions involving tourist accommodation businesses across Spain, up 35% on the same period a year earlier. Along with the Canary Islands, the Balearic Islands, Madrid, Catalonia and Andalusia received most of the financing granted.

The funds were directed mainly towards refurbishing and upgrading properties, acquiring hotel assets, innovation and sustainability initiatives, and meeting companies’ working capital and operating needs.

At the end of the first half of 2026, the credit portfolio managed by CaixaBank Hotels & Tourism exceeded €10.5 billion, and the division served more than 13,800 clients in the tourist accommodation sector. The bank has a specialist team of more than 40 professionals focused exclusively on the hotel sector, as well as a network of around 2,300 business advisers based at more than 200 business and SME centres and specialist offices.

The financing figures reflect the importance of tourism to Spanish business activity and CaixaBank’s commitment to the sector’s development. In addition to providing access to finance, the bank supports companies as they transform and adapt to new market challenges.

CaixaBank Hotels & Tourism, firm support for the sector

Its specialisation in tourism through CaixaBank Hotels & Tourism enables the bank to identify and respond quickly to the needs of these businesses. Last year, it provided the sector with €4.3 billion in financing, 8.5% more than the previous year.

Through CaixaBank Hotels & Tourism, the bank offers the hotel market a range of distinctive products and services to help businesses maximise profitability and simplify day-to-day operations, taking account of the needs of each type of business: hotels, tourist accommodation and campsites.

CaixaBank Hotels & Tourism also has a particular focus on sustainable projects, including those that improve energy efficiency or water and waste management, and on other issues with a social impact, such as accessibility, integration of local communities and the use of zero-kilometre products. The bank supports initiatives such as ReUtilízame, which channels surplus materials from hotel companies to social organisations, and Incorpora, which helps people at risk of social exclusion access employment.

Hotels & Tourism has agreements with more than 40 hotel federations and associations and regularly organises meetings with leading businesspeople from the sector across Spain. The bank also takes part in the main international tourism trade fairs (Fitur, WTM and ITB), as well as the most important industry events held in Spain. It is also a member of UN Tourism, the United Nations body responsible for promoting responsible, sustainable and accessible tourism for all.