Panic in Majorca as '1 in 10 bars' to close as tourists spend more on flights and hotels

As holidaymakers' budgets get tighter amid skyrocketing flight and accommodation prices, other sectors on the ground, which form another vital part of the tourism sector, are set to suffer this year. For the Balearic Islands, especially Majorca, the outlook for the bar and restaurant sector in 2026 is not a good one.

According to new predictions, the iconic holiday island is set to see 500 to 600 closures this year alone. This has largely been blamed on tourists arriving with limited budgets and staying for far shorter periods, having already been forced to spend larger sums on flights and accommodation. According to data from Spain's Instituto Nacional de Estadística (INE), over the last decade, one in 10 bars and cafés in the Balearics has closed.