Etiqueta 'Economic diversification'
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.
- Palma Airport reopens after flooding; passengers told to check with their airlines
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"
- It's a wash-out at Mallorca airports
- British tourist fined for damage to a Magalluf hotel