Spain has overtaken Britain as the country in Europe where the major hotel chains want to invest, a state of affairs which is clearly evident in Mallorca. A recent survey said that Spain had toppled Britain from the hot spot and Mallorca is enjoying major investment from the big hotel chains.
Spain overtakes Britain as the country where hotel chains want to invest, massive amount of cash for Mallorca
Big hotel chains splash the cash
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Maybe all the more reason to look to the tourism model and control the growth of hotel ‘room’ provision, so that the island isn’t swamped. People won’t want to come if the island becomes totally saturated. Hoteliers will feel that in their pockets too - but it will all be too late. Best take action to protect that golden island goose. Food for thought.
I wasn't aware that "Britain" was any kind of a hotspot for hotel investment. Maybe London...Otherwise it's not a particularly attractive travel destination. Maybe for that quirky English quaintness, monarchy and all that (?) But yes, Spain (and especially Mallorca) still has huge unrealised potential. And increasing demand. No surprise there.