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Big British resort chains

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Main British motels chain are establishing in Mallorca eyeing a slice of the extremely profitable Mallorca vacationer trade. A minimum of 4 British-owned motels chains are investing sizeable sums of cash in Mallorca. The primary to open was the Kimpton Lodge in Santa Ponsa owned by London-based IHG in October 2022.

Only a few months later Virgin Resorts opened Son Bunyola in Banyalbufar. The Virgin Group have already mentioned that they are going to be expending in Mallorca and are within the means of restoring a Mallorca manor home, near Son Bunyola, which will probably be remodeled into one other resort.

The Mandarin Oriental Lodge Group, owned by Jardine Matheson Holdings Restricted the Hong Kong-based, Bermuda-domiciled British multinational conglomerate is within the course of of reworking the Lodge Punta Negra in Bendinat (Calvia) into a brilliant luxurious resort which is able to open shortly.

Lastly, Travelodge will quickly be opening a metropolis centre resort in Palma as a part of a significant growth plan throughout Spain. Palma has been recognized as certainly one of its high growth spots. To this checklist of straight owned British motels should be added these that are owned on the island by London-based hedge and funding funds.

Issues that British funding in Mallorca after Brexit would fall seem like ill-founded.

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