Hotel groups in the Balearics are experiencing their best summer ever in terms of price increases, profit and turnover.
With the exception of the Russian market, all European tourism markets are exceeding expectations, as is the domestic Spanish market, which is up by 10%.
Tourism
Best summer ever for Balearic hotel chains
All European tourism markets are exceeding expectations, as is the domestic Spanish market.
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Then why all the fuss about the private sector then. Their "Federation" couldn't care less about the local economy - and let's see how much of their profits are spent updating their fake - starred hotels in Mallorca.
So the best summer ever for the hotel chains and the worst summer ever for the businesses around them. The hotels will not be happy until they have it all.