"Mallorca has been putting all its eggs into one basket for too long"
Over 60% of Mallorcans believe that further tourism growth would not benefit their standard of living.
Look beyond property to unlock investment potential in Mallorca
While property offers potentially higher long-term returns, this is not guaranteed. You also need to consider the ongoing costs of maintaining and renting out property, plus tax implications, to establish the real returns.
The left have to take "some responsibility" for tourism dependence in the Balearics
The tourism minister, Jaume Bauzá, was pressed on tourist overcrowding and overpopulation.
Rather than diversifying, Mallorca's tourism dependence is intensifying
"It is necessary to contain tourism and the real-estate sector."
Halving Balearic tourist numbers would result in 40% loss of GDP
Economic diversification "cannot be a pipe dream; we must be realistic".
Armengol - there must be diversification of the economy
Proud of Balearics tourism leadership, but there has to be diversification.
Tourism
Economic and tourism outlook for 2021 "moderately optimistic"
The regional director of CaixaBank believes that it is possible to reduce the dependence on tourism in the Balearics.
Ryanair slams Spain for tax hikes
Airline claims hiking taxes is preventing diversifying the tourist offer beyond sun and beach destinations.
- Spain at boiling point over eggs!
- Now there's a proposal for a fifteen-year residency requirement to buy a home in the Balearics
- A Good Friday. Britain's biggest cruise ship heads for Palma for Easter
- Ryanair launches subscription that waives fees for reserved seats and insurance
- The Mallorcan town with the longest name: it contains 21 letters and has a population of 9,227
Comment
Is there truly a will in Mallorca to diversify and have less reliance on tourism?
There were all sorts of post-Covid prescriptions and scenarios that were variously well-intentioned or plain fanciful.
Andrew Ede29/09/2024 12:01