CONFERENCE AT CLUB DIARIO DE MALLORCA

Javier Blas, managing partner of the firm, held a conference on this topic.

First the tourist accommodations, then detached houses and semi-detached houses and now the non-regulated tourist apartments are entered with the hotel sector, and will be in the future, in competence.

For some time, we have been familiar with words like AIRBNB, BOOKING, HOMEAWAY, INTERHOME, HOMELIDAYS, RUSTICAE, EASYFINCAS ... because they are agencies and online platforms that market all kinds of objects.

These agencies have strengthened and socialized an offer to a level that few years ago nobody could have imagined.

As always, INTERNET and the geolocation tools have made it possible. They succeeded in bringing a competitive product to the market, but this does not play with the same rules as the binding offer. Some brokers from the area are talking about an UNLIMITED competition with unpredictable consequences for the individual and the entire economy.

The discussion focused on the legal framework for the rental of ferry houses, especially those of tourist apartments, from an internal, national and regional perspective.

As far as the hotel industry is concerned, it is said that AIRBNB is the largest hotel in the world and the agencies and tour operators see this as a more obvious threat.

In all cities with a certain tourist interest, an offer of this kind has been established and in cities such as Barcelona or New York, this is a major problem, as the coexistence of the neighbors of the very emblematic urban areas (case Barceloneta and Olympic City) are influenced.

Today, it is a mass phenomenon both due to supply and demand, as the benefits are very interesting for users, so this can partly lead to a sunken economy and for some this is unfair competition.

It is a sector which is the backbone of the Balearic economy.

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