There is no doubt that this year has been a record one for the tourist industry, but the future may not be looking that rosy. Few captains of industry have denied that Majorca has been the main beneficiary of the security issues in other parts of the Mediterranean, in particular Egypt, Turkey and Tunisia.
But both Egypt and Turkey have made a sterling effort to get their tourist industries off the ground again while Greece, having dropped its prices, has also enjoyed a bumper summer. So, come next year, Majorca’s competition could be back on the market.
One leading British tourist industry source told the Bulletin today that Egypt has fantastic new hotels, attractions and facilities and that it will not take long before people start returning.
But the biggest problem for Majorca is going to be price. Already famed for having some of the highest hotel rates in Spain, never mind Europe, they could be about to get even more costly, especially for Britons and non-Eurozone residents.
It appears that hotel rates in Majorca are going to go up by 15 per cent next year, or have already done so in the brochures that have been published. Couple these to the fact that the pound is currently ten per cent weaker against the euro and that equates to a 25 per cent increase in the cost of a holiday in Majorca - not to mention that UK visitors will be ten per cent worse off in their pockets once they get here.
The exchange rate could turn around and the pound could regain its strength, taking the edge off the holiday costs, but with Brexit still to be activated between now and next summer, the reverse could happen and a further slump in value could occur. And that will either price Majorca out of many people’s budgets or simply fuel an expansion in the all-inclusive market.There is no doubt that this year has been a record one for the tourist industry, but the future may not be looking that rosy. Few captains of industry have denied that Majorca has been the main beneficiary of the security issues in other parts of the Mediterranean, in particular Egypt, Turkey and Tunisia.
But both Egypt and Turkey have made a sterling effort to get their tourist industries off the ground again while Greece, having dropped its prices, has also enjoyed a bumper summer. So, come next year, Majorca’s competition could be back on the market.
One leading British tourist industry source told the Bulletin today that Egypt has fantastic new hotels, attractions and facilities and that it will not take long before people start returning.
But the biggest problem for Majorca is going to be price. Already famed for having some of the highest hotel rates in Spain, never mind Europe, they could be about to get even more costly, especially for Britons and non-Eurozone residents.
It appears that hotel rates in Majorca are going to go up by 15 per cent next year, or have already done so in the brochures that have been published. Couple these to the fact that the pound is currently ten per cent weaker against the euro and that equates to a 25 per cent increase in the cost of a holiday in Majorca - not to mention that UK visitors will be ten per cent worse off in their pockets once they get here.
The exchange rate could turn around and the pound could regain its strength, taking the edge off the holiday costs, but with Brexit still to be activated between now and next summer, the reverse could happen and a further slump in value could occur. And that will either price Majorca out of many people’s budgets or simply fuel an expansion in the all-inclusive market.
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Wolfgang. I have two tattoos. Both are personal and are there to remind me of family and comrades that have been lost. I make no apologies for them. I did however have them placed on the top of my arms so that they are easily covered. God forbid that a regimental coat of arms and my parents names cause offence to anyone.
A holiday in Soller ? They'd have to build a resort first, there's not even a beach there.
Daver, you sound ok, you are allowed in. But not if you have tatoos!
Oh Wolfgang, there you go again. Here I go. I'm not university educated, I'm originally from the north west of England. I work hard for my money. Why shouldn't my family enjoy the delights that Mallorca has to offer. I've been returning for the past 19 years, once all inclusive and regret that. Once half board and didn't enjoy that. We stay self catering and put our few thousand euro back into the local economy. How is that a bad thing ?
Its also a stupid article that assumes all people make holiday decisions on price alone. None of my mates would be seen dead in Egypt, Tunisia or Turkey. Too dangerous and the locals are repulsed by westerners. Greece is a backwater, who wants low quality lamb and wine at the same taverna everynight for 2 weeks with nothing to do. In all these hellholes you cannot eat wonderful food in old town Palma, cycle next to the sky team, go to michelin starred restaurants in Deia, nightclub at Pacha etc etc. Mallorca destroys them all and should be much more expensive. I say to anyone who would go to those other places over Mallorca on price is an uncultured moron. You are exactly the fairweather low spending people we dont want!
This isnt such bad news, too much low spending riff raff in Mallorca. If the British pubs and fish and fish and chip shops close down because people go to Turkey then so be it. My vision of a perfect Mallorca is one where the likes of Magaluf,Arenal and Palma Nova dont exist. Bulldoze them and turn them back into just beaches. A Mallorca of 4/5 star hotels in places like Soller, Palma, Port Andratx and Pollensa and high end shops in Palma is the way forward. If the cheapskates want to go to Croatia, Turkey or Portugal, then great. We wont miss your tatoos and yobbish behaviour, See Ya!
Nothing lasts forever and if Mallorca does not shake it's self and get their act together and get some money spent on repairs to roads and footpaths and plenty more your visitor party will be over for many years to come, I know many people who are on tight budgets who are returning to the likes of Turkey and the rest who are making a huge effort to get the visitors back, wake up Mallorca and smell the coffee.
It's the end now for Mallorca I fear. In spite of all hype of a fantastic 2016, - with even too many tourists, the majority of businesses outside of the hotels have had their worst year ever. Next year will be significantly worse for them, many more will close down for good, and the tourists in the hotels will start to see a dead town around them.
Less of the "could". A no-brainer, the stupidos have shot themselves in the foot as we all predicted.