Joan Miralles, the president of the Aptur holiday rentals association, said yesterday that it is impossible to accurately forecast occupancy levels during the tourism season. "They make changes every week," he observed of policymakers. Noting that regulation yet to come is "unpredictable", he added that there are many intangibles and variable factors which make accurate forecasting an impossibility.
Holiday rentals
Holiday rentals occupancy levels expected to rise
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I thought so RBMM and then the numbers tell us nothing. My experience is that the prices for renting an Apartment this summer is exactly the same as last summer ... wont tell where thou .. not sure its 100 % legal ;-) And my forcast is that they will remain there - considering that Turkey seems to be back. Greek and Croatia is very aggressive and Professional. So good News for us who love Mallorca ;-)
It is based on the 350 properties on its website (incl. Airbnb, Homeaway, etc), and it is unlikely that it is the same properties today as one year ago. All those without license are removed.
The article says: "According to its data, the average stay at a holiday rental in Majorca last year was 8.4 nights. This was up to 9.9 nights by 6 April this year. The average price per night in 2017 was 250 euros; this year it is forecast to be 262 euros. The data are based on 350 properties."Might the reason be that smaller Apartments is out of the market because of the zoning policy making or are the 350 Properties exactly the same last year as this year? .... Statistics might be very little accurate as we alll know....