In 2020, the Balearics received 1.72 million foreign tourists. The decline was 87.4%, there having been 13.6 million in 2019. The number of tourists last year was comparable with that of the late 1960s.
Majorca tourism
Balearics foreign tourism fell 87% in 2020
Spending fell by more or less the same percentage
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I have just a read Jet2 have cancelled all holidays before last week in March. They plan to advise for April and after closer to that time. The Covid situation is still highly volatile. The European Union vaccine roll out continues at a stroll. Even in the U.K. the forecast for beginning normality is end of may realistically.