The first is the ever increasing popularity of Spain, in particular the Balearics, as a nautical holiday destination, the second is the America's Cup 2007 in Valencia which, as the Bulletin reported last month, is already generating a great deal of business. In Valencia, business in the charter sector has doubled in comparison to last year and tripled when compared to 2003 and 2004. The Balearics, in particular Palma, is also reaping the rewards of Valencia hosting the America's Cup with super yacht owners already booking moorings and accommodation for the regatta. In the meantime, the nautical sector is braced for its busiest month of the year. As usual Balearic marinas and yacht clubs are full with many late arrivals having to moor off and join the queue of yachts waiting for a berth.
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