End of 20-year Canary Islands hotel dispute: €485 million in compensation and construction resumes

A decades-long dispute over a moratorium on hotel construction in the Canary Islands has been resolved. The agreement provides for €485 million in compensation and allows more than 20 suspended tourism projects to resume. The deal marks a major turning point for the archipelago's tourism industry, which has faced legal constraints on hotel investment for over 20 years.

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