According to Essentially Mallorca, the association that promotes Mallorca as a luxury tourism destination, the island is à la mode for the luxury market. After two years of the pandemic, it has become one of the favourite places for wealthy Europeans who spend thousands of euros on their holidays.
Majorca tourism
A spend of 5,000 euros a day - luxury tourism in Mallorca
Daily spend by the general tourism market is around 100 euros
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camila culverrActually, more than you might think. Have a look on Airbnb and others. There's plenty of 5000+€ per night villas (some upwards of 10k€). And they're very often booked. Also, look up in the sky. Many (really, a surprising number) of the planes flying into Mallorca are private jets. True, these aren't the average holidaymakers flippantly directing "Cavendish" to "book a seaside mansion and prepare the Gulfstream to embark to Mallorca this afternoon". But there's more of them than you might think. Probably a lot more than you'd ever imagine.
Where do they get these figures? How many people are spending 5000 per day, unless they are chartering a luxury yacht for a week. Ridiculous!! Mallorca is going downhill fast, and the wealthy are not coming here to a tourist saturated island.
They wouldn't recognise value if it bit them.
Quality over quantity. Yet another reason for Brits to go elsewhere. Mallorca is already full of foreigners. If it's now going to be full of *rich* foreigners, they'll be treating *us* like foreigners. And that's even more unfair hypocrisy. Turkey it is.