Overview
- High restaurant and accommodation prices have prompted many visitors to eat out less or switch to self-catering despite record arrivals.
- CaixaBank Research reports that the average restaurant bill in 2024 on the Balearic Islands was €35, €14 above Spain’s national average.
- Tourists now account for 54% of Mallorca’s gastronomic spending, and 61% of annual restaurant revenue is generated from June through September.
- Some German holidaymakers, including Andrea Franz, say Mallorca has become unaffordable and plan to book summer trips to Greece instead.
- Juanmi Ferrer of CAEB warns that continued spending cuts could force hundreds of the island’s restaurants to close this season.