Palma17/12/2019 10:23
At one of the new five star boutique hotels overlooking the Bay of Palma yesterday the all important Hoteliers Federation held their annual reception for the media. It was an upbeat event. President Maria Frontera has done an excellent job in stewarding the federation through some difficult time this year from the collapse of Thomas Cook to Brexit. I like her style.
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OSN: Were you the one predicting that Trump would start WW 3 the week after he was elected ?
It's probably worth pointing out that the appreciation in the value of sterling and the uptick in UK share indices settled back down to their previous levels less than 4 days after the election. There is no predicted rise in the value of sterling next year, quite the reverse as most independent predictions expect a fall in GDP in all Brexit scenarios. ... but if they are all wrong then a strong pound does make Mallorca a little bit cheaper, but it has the same effect for all of Mallorca's competitors too. I think these were just upbeat words, singing to the choir, with no actual evidence to support them.