In addition to the revenue that is directly generated by visitors, the association stated on Tuesday that the sector contributes to an improvement of the Balearic Islands' general economy, given that 95% of it consists of small and medium-sized businesses.
Habtur has drawn attention to electricians, plumbers, bricklayers, painters, carpenters, gardeners and local product companies, among others, who "will see their incomes decrease as a result of the restrictions imposed by the government" in the new tourism law. The government should therefore take into account that holiday rental not only benefits shops and restaurants, but also a wide range of businesses.
Owners of holiday homes, Habtur stresses, make annual improvements to their properties. This in itself represents a significant injection into the economy.
Habtur, which fundamentally disagrees with the law's four-year moratorium on new accommodation places, explains that holiday homes in the Balearics are on average available for between five and ten years. After this time, there isn't the possibility for accommodation places to be exchanged.
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Im sure that the People in Government have all the answers when they finally realise that this is the wrong way to go it will too late , the people who have invested in these properties will eventually sell them the tourists that rent these places do not want to stay in a Hotel they also are people who go out to restaurants and spend money , this is a disaster that is designed to please all the hard core leftists in There toolbox .