02/04/2000 00:00
Fresh in the wake of Friday's warning from the head of the Spanish Confederation of Business Organisations, José Mariá Cuevas, that the tourist tax would reduce the Balearics' level of competitiveness in the world tourist market, the Spanish Association of Tourist Hotels (ZONTUR) and the airport authority AENA, yesterday said that this Easter is going to be relatively quiet. The hotel sector suffered over the Millennium, by misjudging the market and out-pricing themselves when demand was nowhere near as high as forecast in reality, and bookings for Easter are down by as much as 75 per cent in some cases.
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