Antonio Catalán, a leading hotelier in Spain, commented: “There needs to be a change in the customer profile. Mallorca has many customers and needs to raise prices more.
“As a businessman, I believe that if customers can’t afford the price I set for a product, they shouldn’t come.
“Four years ago, because of Brexit, British tourists saw the pound devalue by 20 percent.
“But despite everything, they came to Spain and paid 22 percent more for their holidays.