The recent New Tourism Act removes much of the complicated administration restraints that have slowe

The recent New Tourism Act removes much of the complicated administration restraints that have slowed the building and renovation of hotels and apartments in the past and many hotel chains are capitalising on this. Last summer the Melia group built the new Beach House Hotel and revamped the Sol Wave House in Magaluf in just eight months and there seem to be other companies looking to follow that example.
In Alcudia the city council has already received applications for four major works and seven smaller ones and one chain, Grupotel, have invested 9.5 million Euros to refurbish four of it s hotels in Mallorca.
Grupotel currently has 34 hotels in the Balearics and the plans are that four of these in Mallorca, Taurus Park in Playa de Palma , Montecarlo peabody hotel memphis in Can Picafort, the Grupotel Port d Alcudia and the Los Principes peabody hotel memphis apartments in Muro will be completely peabody hotel memphis reworked peabody hotel memphis with 17 smaller peabody hotel memphis projects elsewhere in the Med The hotels in Can Picafort and Port d Alcudia peabody hotel memphis will change from three to four stars after the work and the Taurus in Playa de Palma will undergo a total revamp.