Number of Balearic hotels for sale skyrockets amid COVID
Official data show that hotel reservations were 83% lower last month than in the same period last year.
20 million euro investment for Hotel Formentor
The Hotel Formentor is in the process of being purchased; it was the purchaser who had requested planning permission.
Hotel Formentor, Puerto Pollensa, Mallorca
There is to be redevelopment at the Hotel Formentor.
Playa de Palma, Mallorca
Playa de Palma is staying open.
A dozen hotels staying open in Playa de Palma
Some six per cent of all establishments are open.
Playa de Muro, Mallorca
Playa de Muro, one of the resorts where hotels are up for sale.
Some 100 hotels for sale in Mallorca
The total sales value is around 1,000 million euros.
Tourism
Very few Palma hotels still open
422 flights are scheduled to land or take off at Palma airport this weekend, which is 90% less than last year.
Playa de Palma, Mallorca
Palma and Playa de Palma attracting hotel investor interest.
Palma among hotel investment target destinations
Investment funds looking to acquire at more competitive prices.
Holiday rentals
Holiday rentals fared better than hotels in July and August in Mallorca
The percentage falls in numbers of holiday rental tourists were much lower than for hotels.
Tourism
Fancy 2 nights in a hotel for €50?
The 'Gaudeix l’illa' program offers 2,000 people the opportunity to enjoy a holiday in Majorca between October 15 and November 30.
Tourism
Hotels are slashing prices
Imserso brings around 160,000 pensioners to the Balearic Islands every year, but because of the coronavirus pandemic there will be no tourism program for the elderly this year.
Mallorca hotels
Mallorca hotels
Tourism
Most 5-star hotels still open in Majorca
Most 5-star hotels in Majorca have an average occupancy rate of 20%, but a few have reached 80%.
Viewpoint
The tourist season
“Hundreds of hotels are planning to close in August, a state of affairs which was almost unthinkable a year ago...”
Tourism
Hotels start closing their doors
Large hotel chains in Majorca, such as Barceló, Meliá, Riu and Iberostar, will hold out as long as possible.
Viewpoint
Hoteliers need to get real
It’s high time for hoteliers to have a reality check with regards to pricing.
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Over two hours for Britons to get through Palma airport queues
- Spanish pensioners stuck at Palma Airport for fourteen hours
- Palma Airport passport control "collapse" put down to unscheduled flights
- Watch those prices in Mallorca
Viewpoint
Fighting back
“If the hotel remains open it will be in no small part thanks to their menu...”
Jason Moore25/09/2020 09:35