PALMA has an incredible 184 businesses alone dedicated to the nautical sector.
More than any other city in Spain, it helps to earn the islands a healthy €400 million a year.
In total, the Balearics has 700 nautical businesses employing 3,000 employees.
Along with Catalonia, they account for 40 percent of all of Spain’s nautical jobs, according to economics professor Alfonso Novales from the Madrid Complutense University.
The upcoming Palma boat show, starting on April 27, is expected to be the largest to date, announced the minister of employment, Iago Negueruela.
Last year’s show grew by 17% in visitor numbers and counted on 244 stands and over 200 boats.