Spain's Tourism Protests Are Also About Affordable Housing

Today's podcast looks at China's domestic planes, protests in the Canary Islands, and genuine luxury travel. One of China's largest airlines, China Southern, is buying 100 domestically-built planes - the C919, produced by the state-owned Commercial Aircraft Corporation of China. Just last week, Air China signed a similar agreement with COMAC for 100 C919 jets. Next, TUI CEO Sebastian Ebel believes recent protests in the Canary Islands against mass tourism aren't about the industry itself. Chase-Lubitz notes many Canary Islands residents argue that mass tourism is pricing them out of their homes. Ebel said the unregulated online booking platforms are the reason housing prices have gone up - not tourism as a whole. Ebel blamed individual trips, which include people booking local apartments, for causing more housing to be offered as holiday accommodation.