Spanish hotel chain Melia MEL is buying property to accommodate seasonal workers who can’t afford to rent in tourism hot spots as a housing crisis risks causing labour shortages in the country’s tourism industry, its CEO Gabriel Escarrer said.
Melia, Spain’s biggest hotel chain, has bought a former hostel on the Balearic island of Menorca and is looking to make further acquisitions in Ibiza and Mallorca as well as in the Canary islands and on the Spanish mainland to house its workforce…
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