Mallorca hoteliers laughing all the way to the bank this summer
Spanish hotels billed an average of 147 euros per night in August, an all-time high and 35% more than in 2019
Calvia was one of the top three destinations in Spain in August. | Majorca Daily Bulletin reporter
Palma23/09/2024 16:24
Spanish hotels have made a killing this year. Turnover per occupied room (ADR) increased by 7.3% compared to the already record figures of August last year, to almost 147 euros per day. Data published today, Monday, by the National Statistics Institute (INE) indicate that hotels earned 34% more than in 2019, before the pandemic broke out, and even turnover grew by 7% compared to what had been their best year so far, 2023.
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@oouoo oouoo how was Puro Beach Club, as Ballinerio is cheaper!
I had lunch at one of the two beach clubs in Illetes today, I am assuming, I can't name it here A bottle of Agua con gas, a small bottle was €10, a quick check online showed it for sale in Aldi Santa Ponsa at €0.27 cents This is outrageous and probably explained why less than 20% of the tables were empty. Restaurants like this have no sympathy from me and no more business from me
Mallorca hotel owners have been laughing all the way to the bank since Gabriel Escarrer bought his first hotel in Cala Mayor ( 1956) . Yes Zoltan they are multi nationals now but they built their base here and helped put Mallorca on the world map. Maybe not such a good thing nowadays ( note how the yanks are moving in, though the Chinese seem to have slowed down). Obviously that history bought them plenty of clout with national and local government . Google tells me tourism is 13% of Spain's GDP so they have to listen. I agree with dumping all inclusive, it was never made for this market in the first place.
A lot of these hotels are multi nationals and the profits are invested in other countries,so the government and local government should stop bowing down to them, and also ban all inclusives once and for all.