THE hotel sector in Mallorca remains one of Spain’s most profitable, despite its seasonal nature.
Over the last seven years, the average price of a hotel room has increased by 80 percent, from €44.70 to €80.50, according to data from the National Institute of Statistics (INE).
It makes them the second most expensive in Spain, after the Canary Islands, with the average night costing €58.70.
The Balearics also have the highest occupancy rate, even with January’s lowly 37 percent occupancy.
There were 60 million overnight stays in Balearic hotels last year, almost a million more than the year before.
- The most beautiful village in Mallorca has been named - 12 Dec, 2018 @ 10:56
- Gender violence a top priority for New Police Commissioner of the Balearics - 11 Dec, 2018 @ 17:03
- Environmentalists call for huge expansion of the Cabrera National Park - 11 Dec, 2018 @ 15:50
- Promenade promises to create a whole new look for visitors arriving in Palma - 5 Nov, 2018 @ 11:13
- Five dead – including British tourists – and dozens still missing in Mallorca’s biggest flood in decades - 10 Oct, 2018 @ 10:11
- British tourist found floating in Ibiza’s Port of Sant Antoni - 6 Aug, 2018 @ 11:58
- Young expat starts campaign to raise awareness against balconing in Spain - 6 Aug, 2018 @ 11:09
- Boat propeller hacks off arm and leg of two young tourists in Spain - 1 Aug, 2018 @ 14:48
- Nit de L’Art and a month long Jazz festival coming to Sa Pobla - 23 Jul, 2018 @ 08:42
- Mallorca has a historic number of employees working on the island - 11 Jul, 2018 @ 12:15