There is rising prices as well as panic in the Balearic Islands as industry bosses worry that the much-loved holiday spot has become too expensive.
As 2024 closed in the Balearic Islands with record tourist numbers – around 18.8 million and 2.2 million more compared to pre-pandemic levels – eyes now turn to the state of the tourism industry for 2025.
The Mallorca Hoteliers Federation – one of the archipelago’s most staunch opponents of the current tourism model – believes this year will be much the same as 2024.
However, there are major concerns about ever-increasing prices on the islands including Majorca, and what impact this will have on tourist numbers.
In a recent interview, the CEO of Riu Hotels & Resorts, Luis Riu, warned that…
