The Island of Mallorca in Spain ... a Luxury Tourist Destination Despite Corona

British and German tourists head to Mallorca, Spain for their festivities because it's cheap. The Island is characterized by its beautiful landscapes and charming areas, including Palma, the wonderful old town, which is among the qualifications that attract the world's rich to visit the Island of Mallorca.

The occupancy rate of hotels reached 90 percent during the current year, and by the end of 2021, the island is expected to generate about $1.14 billion.

• Jack Ma, The Rich Chinese in Mallorca

 Jack Ma, the richest person in China, had his Luxury yacht last October docked for several days in western Mallorca on the southern coast.

For those who do not know this billionaire, he is one of the founders of the largest global e-commerce platform known as Alibaba.

Since Jack Ma came to the island of Mallorca, it has become an attractive Tourist Destination for the world's richest like him.

• Luxury Tourism on The Island of Mallorca

Mallorca has become an island of luxury Tourism and has seen an incredible development, according to a company that provides high-end tourism services based in Palma.

In 2019, the number of arrivals on the island rose to the highest level, and it witnessed a significant increase during the current year, despite the conditions of the Corona pandemic that the whole world experienced.

On this basis, Mallorca has become to promote itself as one of the most important luxury tourist destinations in Europe. They explain that luxury tourism means that a tourist spends an average of 5,000 euros per day.

The demand continues for several weeks in order to Travel to Mallorca, the island of luxury tourism.

The rent of the villa on the island of Mallorca is 50 thousand euros per week and the rent of the yacht is 60 thousand, because most of the arrivals are politicians, businessmen, movie stars, sports and other wealthy people.

 Many people associated with tourism are benefiting from this development, including hoteliers, car companies and real estate to other facilities linked to tourism and the local economy.