Etiqueta 'Investment funds'
Business
Investment funds lining up purchases of hotels in Majorca
Lack of liquidity will force hotel groups into selling some assets.
Hotels
Sales of Balearic hotels to investment funds expected to treble
Lack of tourists and shortage of liquidity are driving the value of hotels down.
Business
Balearics hotels at knockdown prices for investment funds
Majorca's hotels are highly attractive to investment funds, and prices could now make them even more so.
- Emergency declared on Ryanair flight bound for Palma from Dublin
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca ambassador Sir Bradley Wiggins has “lost” his Mallorca home
- Mallorca restaurants losing clients, tourists tighten their belts
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"