Mallorca inflation the highest in Spain
The tourist industry has noticed that people are spending less.
Humphrey Carter12/09/2024 12:24 Renting a room in Mallorca is 50% more expensive than three years ago
"The main reason for such a large increase is the existing imbalance between housing supply and demand, which is causing prices to rise."
Brits have been struggling to afford Mallorca holidays
Cost may not be the only reason Brits are taking a UK holiday this year, recently, mass flight cancellations have led to Brits being stranded at airports both at home and abroad.
Balearics slash holiday prices to save the season
Plenty of offers to be had across the board.
Mallorca car-hire firms have had to drop prices by 15% this summer
The reason for a fall in prices is lower tourist spending in the complementary sectors, such as restaurants and hire cars.
80% of Bulletin readers claim Mallorca does not offer value for money
"It will bring fewer tourists (which will help keep the anti-tourism movement happier), yet attract more desirable tourists who seek quality over quantity."
“Someone in power needs to make it clear to the UK and Germany that Mallorca wants tourists”
“We can’t have hotels and airlines putting up their prices by between 15 and 20 percent and then offering the same services and quality as the year before.”
Mallorca drops down value for money destination ranking
"Portugal and Cyprus look the best choices for bargain hunters in Europe"
Six of Spain's top ten most expensive coastal municipalities for property are in the Balearics
Two in Mallorca, four in Ibiza.