Hoteliers are showing interest in acquiring the Mega Park site in Arenal and converting the complex into a hotel with a luxury beach club. This interest has come about because of problems faced by the Cursach Group, which owns Mega Park. The company announced earlier this week that it has entered a period of pre-insolvency to negotiate with banks and suppliers. Part of the group's problems stem from the fact that Mega Park is currently closed on the order of Palma town hall and may not open for the season; Mega Park contributes around 60% of group turnover.
Cursach affair
Hotelier interest in buying Cursach's Mega Park
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Just walked pass the place this evening, all open, not many punters in there though. Confirmation I suppose they're all tucked up inside their all inclusive hotel bars.
Because you don't see the punters on the streets. They are hiding in the 5 star resort/hotel and don't walk around spending cash. Out of sight out if mind.
How is it that when hoteliers seek to or might add another hotel,there is no mention of "saturation" from politicians.?
The powers that be must think that the ex rental properties will end up being occupied by staff who work in the hotel and the ex rental customers will end up staying in the hotel. I know many people who want to stay in a nice apartment , have meals at the time they want not when the hotel tells them. So in last few weeks we hear more flights planned for the summer and more tourists will arrive. I would be interested to see how the differences this season affect the small businesses.
Another hotel and all the time the hoteliers are blaming holiday rentals for tourist saturation !