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Spain’s Factorial Raises $ 80 Million at $ 530 Million Valuation Thanks to Strong Traction for “Workday for SMBs” – TechCrunch

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Factorial, a Barcelona startup that has built a platform that allows SMEs to perform HR functions with the same type of tools that are typically used by much larger companies, today announces funding to bolster Its own position: the company has raised $ 80 million, funding it will use to expand its operations geographically – especially deeper into Latin American markets – and to continue to enrich its product with more features.

CEO Jordi Romero, who co-founded the startup with Pau Ramon and Bernat Farrero, said in an interview that Factorial has experienced a huge growth boom over the past 18 months and has more than 75,000 clients in 65 countries, with the average size of each customer in a range of 100 employees, although they can be considerably smaller (single-digit) or potentially up to 1,000 (the “M” in SMB, or PME as it is often called in Europe).

“We have a generous definition of small business,” Romero said of how the company started with a goal of 10 to 15 employees, but is now working in what size bracket it is. “But that’s the limit. This is the segment that needs the most help. We see other competitors trying to get into SMEs and they screw up their product by making it too complex. SMBs want solutions that have as much data as possible in one place. It is specific to the SME. Customers can also include smaller franchises from much larger organizations: KFC, Booking.com, and Whisbi are some of those that fall into this category for Factorial.

Factorial offers a one-stop shop to manage hiring, onboarding, payroll management, leave, performance management, internal communications, etc. Other services such as the payroll process itself or candidate sourcing, it partners and integrates closely with more localized third parties.

Series B is being led by Tiger Global, and former investors CRV, Creandum, Point Nine and K Fund are also participating, in a valuation we understand from sources close to the deal at around $ 530 million post-deal. money. Factorial has raised $ 100 million to date, including a $ 16 million Series A round in early 2020, just before the Covid-19 pandemic really took hold of the world.

This timing turned out to be important: Factorial, as you would expect from an HR startup, was shaped by Covid-19 in a pretty powerful way.

The pandemic, as we’ve seen, has dramatically changed how – and where – many of us work. In the world of office jobs, offices have largely disappeared overnight, with people switching to working from home under shelter-in-place orders to curb the spread of the virus and then in many cases even staying there. after these have been lifted as businesses grappling with both the balance between the best (and least contagious) way forward and their own employee’s demands for safety and productivity. Frontline workers, meanwhile, faced a whole new set of challenges in the line of duty, from minimizing exposure to the coronavirus to dealing with massive volumes of demand for their services. In both cases, organizations faced economic contractions, time off, and in other cases hiring spurts, despite not having an office to carry it all out.

It all had an impact on HR. People who needed to manage others, and those who worked for organizations, suddenly needed – and were willing to pay for – new kinds of tools to fulfill their roles.

But it wasn’t always like that. At first, Romero said the company needed to adapt quickly to what the market was doing.

“We are targeting HR managers and they are currently very distracted with time off and layoffs, so we turned around and focused on how we could provide them with the best value,” Romero told me during Series A in early 2020. Then Factorial made their product free and sparked new interest from companies that had never used cloud-based services before but needed to quickly set up something. thing to be able to use it while working from home (and this migration to the cloud has turned out to be much more trendy which has manifested itself in several industries). Those who turned to Factorial had previously kept all of their recordings in local files or at best a “Dropbox folder, but nothing else,” Romero said.

It also provided tools specifically to address the most pressing HR needs at the time, such as advice on implementing leave and layoffs, best practices for communication policies, and more. “We had to get creative,” Romero said.

But it was not all easy. “We suffered in the beginning,” Romero says now. “People took time off and [frankly] less attention was paid to purchasing software. People just survived. Then, little by little, people realized that they had to improve their systems in the cloud, better manage remote people, etc. So after a few very slow months things started to take off, he said.

The rise of Factorial is part of a larger, longer-term trend in which the corporate tech world has finally started to focus on how to use the tools that were originally designed. for large organizations and size them for small clients.

The metrics are completely different: large companies are more difficult to gain as customers, but represent a huge gain when they sign up; small businesses represent a real scale because there are so many in the world – 400 million, representing 95% of all companies in the world. But the same goes for product demands, as Romero pointed out earlier: SMEs also want powerful tools, but they need to work more efficiently and out of the box.

Factorial is of course not the only HR startup to have looked into this subject. Among the broader domain are PeopleHR, Workday, Infor, ADP, Zenefits, Gusto, IBM, Oracle, SAP and Rippling; and a competitor very close to Europe, German Personio, raised $ 125 million on a valuation of $ 1.7 billion earlier this year, speaking not only of the opportunity but of the success he sees in it. .

But the major fragmentation of the market, the fact that there are so many potential clients, and Factorial’s own quick pull are three reasons investors approached the startup, which was not proactively seeking funding when it did. decided to go ahead with this B series.

“The HR software market opportunity is huge in Europe, and Factorial is incredibly well positioned to take advantage of it,” John Curtius, partner at Tiger Global, said in a statement. “Our diligence found a product that delighted customers and a world-class team well positioned to realize Factorial’s potential. “

“It is now clear that labor markets around the world have changed over the past 18 months,” added Reid Christian, general partner at CRV, which led its previous cycle, which was CRV’s first investment in Spain. . “It has put a strain on employers who have to manage their HR processes and properly serve their employees. Factorial has always been designed to help employers in all geographies meet their human resource and payroll needs, which has only accelerated demand for their platform. We are delighted to continue to support the business throughout this fundraising and the next phase of business growth. “

Notably, Romero told me that the fundraising process has really evolved between the two tours, with the first requiring him to fly around the world to meet people, and the second taking place via video link, while he was recovering from Covid-19. Considering not too long ago, Europe’s most ambitious startups were encouraged to move to the US if they wanted to be successful, it seems it’s not just the world of HR that is changing. quickly depending on new global conditions.


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Spain: rescuers remove 208 migrants from boats at sea and ocean

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Spanish rescuers removed 208 migrants from small boats that were heading to the southern coast of the Iberian Peninsula or the Canary Islands in Spain on Saturday.

Ships operated by the Spanish Maritime Rescue Service intercepted boats in the Mediterranean Sea and the Atlantic Ocean, adding to the increasing number of arrivals of people who risked a perilous sea voyage to reach Europe.

A total of 106 migrants, including 44 women and 20 minors, were found in boats heading for the Canary Islands of Gran Canaria and Lanzarote, rescue services said.

Four other boats were carrying 102 migrants crossing the Mediterranean to mainland Spain. All but one of the people on board were men.

Spain has seen a 49% increase in illegal migration this year compared to January-August 2020, according to the Interior Ministry. A total of 20,491 people arrived on Spanish soil, mainly by sea.

The International Organization for Migration reports that nearly 500 migrants have died or disappeared as they tried to reach Spain this year. Aid groups monitoring migration flows say the real number is likely much higher as some shipwrecks and drownings go unreported.

(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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America occupies an important place in a new history of Cuba

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Cuba: an American story. By Ada Ferrer. Scribe; 576 pages; $ 32

IN 1853 WILLIAM KING was sworn in as Vice President of the United States at a sugarcane plantation in Matanzas, near the north coast of Cuba. King, who had hoped that spending his afternoons amid the steams of boiling sugar would cure the tuberculosis from which he was dying, asked Congress for permission to take office as President Franklin Pierce’s deputy on foreign soil. He only lasted 45 days on the job, returning to his own plantation in Alabama just before he died.

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This is one of the many stories told by Ada Ferrer in “Cuba: An American History” to show how closely the two countries have been linked. King’s presence on the island was revealing. A slave deputy to a northern president who sought to appease the restless American South, he was sworn in in a place where slaves reaped the harvest that made Cuba one of Spain’s most profitable colonies. King and Pierce had campaigned to make Cuba an American possession; their supporters carried banners with “Pierce and Cuba” written on them. The off-site grand opening “exemplified the power of a system that connected planters, slave traders and investors from New York to Charleston to the African coast in Havana, Matanzas and the green cane fields of the interior of the island, ”writes Ms. Ferrer.

The idea of ​​placing the United States at the center of Cuban history is not surprising. But Ms Ferrer reveals a deeper and more troubled relationship than it seems to readers who remember the Maine, an American battleship that exploded in the port of Havana in 1898, triggering the Spanish-American War. His book is also timely. This summer, the biggest protests in decades have confronted Cuba’s repressive (and anti-American) regime. Ms Ferrer invites readers to reflect on the context in which the country’s next regime change could occur.

America was domineering from the start, and more often an enemy than a friend of Cuban nationalists. Thomas Jefferson believed that Cuba should be the “southernmost limit” of his country. American-owned ships from the northern states smuggled slaves from Africa to Cuba in the mid-19th century, even after the United States made the trade illegal. American-made machines, maintained by American engineers, refined Cuban sugar. After America helped the Cuban rebels drive out the Spaniards, it finally conceded Cuban independence, but not without forcing the Platt Amendment, which limited the new state’s ability to sign treaties and gave America the right to send his army. In the 1920s, Cuba had around 80 American colonies, and almost two-thirds of its sugar was produced by American factories.

The heroes of Ms. Ferrer’s saga of collaboration between wealthy white Americans and the upper classes of Cuba, some of whom during slavery fostered annexation by the United States, are the nationalists and reformers who rebelled against several times against the Cuban leaders, whether Spanish, American or Cuban. Many were black, and much of his book deals with these lesser-known fighters for independence and equality. His stories are revealing and moving. José Martí, the intellectual father of Cuban independence, was against racism, insisting that people “do not have special rights just because they belong to one race or another”. General Quintín Bandera, a black man, helped fight three wars against Spain. After independence, finding no job to match his stature, he picked up the trash, defiantly wearing his uniform.

Heroes and Villains

Cuba’s submission to the United States ended abruptly with the victory of Fidel Castro’s revolution in 1959. America has always tried to get what it wanted, through invasions, attempted invasions. assassination and an economic embargo. In addition to fomenting the Bay of Pigs fiasco, the CIA planned to spray a derivative of LSD on Castro before a speech to drive him crazy. But he and his revolution survived whatever the Americans threw at them. Even now, Castro’s challenge to the superpower, as well as social successes such as a low infant mortality rate, excuse his repression and economic malfeasance in the eyes of many leftists. Ms. Ferrer, whose family fled Cuba in the early 1960s, is not so forgiving.

Castro didn’t need psychedelics to rule irrationally. During the 1960s, his regime nationalized almost all productive activities. From 1969, he forced city dwellers, including children as young as 14, to cut sugar cane in an attempt to raise funds for industrialization, postponing Christmas and New Year celebrations to the summer in pursuit of a doomed target. In its quest to transform Cubans into staunch socialists, the regime sent 85% of high school students to rural boarding schools. A few years after the revolution, during the first of several waves of emigration, some 250,000 Cubans left, mainly for Miami. They included half of the physicians of Cuba and two-thirds of the faculty of the University of Havana.

Could relations with America over the past 62 years have been less harsh and the lives of Cubans better as a result? Castro’s personality, America’s preconceptions, and the Cold War made this unlikely. It is not known exactly when Castro decided he was a Communist, but he was never going to be a Democrat; even before the revolution, he proclaimed that Cuba “needs more Robespierres”. The Eisenhower administration viewed Castro’s relatively moderate land reform, which did not fully compensate for American companies, and a visit from a Soviet official as signs that Cuba was becoming a communist. With America in a global power struggle against the nuclear-weaponized Soviet Union, it was intolerable.

Cubans are still suffering. Food is scarce – the result of socialist policies that have only been partially reformed, the pandemic crushing tourism, the woes of Venezuela (which replaced the Soviets as Cuba’s economic backer) and the US embargo. In July, Cubans demonstrated in dozens of towns and villages. The regime, led today by Miguel Díaz-Canel, an apparatchik without Castro’s charisma, responded with tear gas and arrests.

Yet readers will close Ms. Ferrer’s fascinating book with a sense of hope. The cold war is over. The aspiration of many Cubans for political and economic freedom is one that any US government can endorse. If they finally succeed, Cuba’s authoritarian neighbor could finally prove to be a friend of the island’s progress.

This article appeared in the Books and Arts section of the print edition under the title “An American Tragedy”


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EU fund for the diversification of tourism in the north of Mallorca

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Last week, on these pages, I drew attention to a meeting between the town hall of Alcudia and Representatives of the Council of Mallorca to discuss active and nautical tourism and ways to extend the tourist season. The Council is back in town, and this time there were also representatives from other town halls.

The mayors of Muro, Pollensa and Santa Margalida were all present. The objective, according to the municipal councilor for tourism, Andreu Serra, was to consider a “unique strategic project that helps to the promotion of superior quality and product diversification ”. Yes, the same old themes that have been discussed for years, plus the seasonality of course.

In fact, there will not be just one project, because there will be joint projects, the Council statement reads rather confusedly. These will take into account the “singularities” of each of the municipalities in the region, this area being the bay of Alcudia plus the bay of Pollensa.

Hoteliers will be involved in these joint projects, and they will – hopefully – benefit from EU Next Generation funds. Pretty much everything right now has a New generation funds the context. What could these projects be? The environment, like ornithology, has been verified by name.

Albufera, Albufereta (with its small islets for newly formed birds) and the interpretation center of La Gola are among them. The cultural was mentioned. You can enjoy Alcudia and Pollensa having joined the Spanish network of “most beautiful villages”. And then there is also active tourism, which includes boating.

Basically, therefore, things that already exist in their various degrees of promotion. But Next Generation funds offer potential for a much bigger promotion, while – to quote Maria José Aguiló of the Federation of Hoteliers of Mallorca – “the opportunity represented by these funds requires a common vision and supra-municipal cooperation in order to develop these major axes of tourist product and to enable us to leverage using available resources to maximize results and achieve the economic transformation our destination needs ”.

In short, where have we heard all of this before? This time things may be different. The EU finances. With a bit of luck.

Storm hits Spain, flooding cities, cutting electricity and rail services

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ALCANAR, Spain, September 1 (Reuters) – An intense rainstorm on Wednesday wreaked havoc in several parts of Spain, causing severe flooding in some towns, leaving thousands without electricity and forcing the closure of some roads and rail links.

The storm, which got stronger due to high temperatures and humidity, hit the coastal town of Alcanar in the northeastern region of Catalonia particularly hard.

Some streets have turned into torrents, with a powerful jet of water pushing cars, furniture and trees towards the coastline. Emergency personnel rescued dozens of people trapped in vehicles, homes and camping facilities, and a sports arena was set up to shelter those if needed, officials said.

No deaths have been reported.

Two people were treated for mild hypothermia, local emergency manager Ricard Exposito told a press briefing, adding that emergency services had received more than 350 calls in seven hours.

About 7,000 homes in the region lost electricity service while several roads and rail links were cut off.

Heavy rains and flooding were also reported in the central regions of Castilla-La Mancha and Navarre, interrupting the high-speed rail link between the Spanish capital Madrid and Toledo, tweeted rail administrator Adif.

Reporting by Joan Faus in Barcelona, ​​Eva Manez in Alcanar and Lorena Sopena in Amposta; Writing by Joan Faus; Editing by Jonathan Oatis

Our Standards: Thomson Reuters Trust Principles.


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South America takes its first steps on the path to reopening international travel

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Latin Americans are known for their passionate impulses and for prioritizing emotion over reason. But the official approach of reopening to foreign visitors – including from neighboring countries – has been kept across the continent. Nonetheless, after 18 months of some of the toughest social measures seen since the era of military dictatorships, the Southern Cone countries are relaxing controls – just in time for their 2021/2 summer season.

Starting today, Chile is reducing its quarantine period from ten to seven days for Chileans and foreign residents. It’s a small but important change. The government, under pressure from business leaders and unions, speaks openly of opening up to normal “short-term” tourism. The Chilean Ministry of Health says 84.6% of the population has received two doses of a vaccine against Covid-19.

Uruguay, which closed its borders on March 13, 2020, now allows foreign families who own vacation homes to enter. From November 1, all foreigners who can present proof of vaccination will be free to enter. Uruguay, using the Chinese Sinovac, delivered two doses to over 70% of its population and began to deploy a third “booster” jab; the country ranks three places above the UK on the global vaccine table.

Argentina plans to open its borders to Chilean and Uruguayan tourists on September 6. The country’s Migration Patron, Florencia Carignano, explained in a radio interview that the land borders reflect the health protocols in place at Ezeiza, the country’s main airport. Argentina has doubly vaccinated just over a third of its adult population and 61.5% received a single dose. The Argentine government has just approved the resumption of Atlantic and Antarctic cruises from October 20 – watch this space.

As temperatures drop in England to around 14 ° C and 7 ° C from October, summer arrives in the Southern Cone. From Buenos Aires to Santiago de Chile, temperatures of 25 to 33 ° C are common. The seaside resorts of Uruguay, southern Brazil and central Chile reopen fully from November. The southern summer is also the flowering of the Pampas, the Pantanal floods, the receding waters of the Amazon basin, the big cities host major festivals and parties, and the Andean vineyards come to life.

Colombia, Ecuador (including the Galapagos), Guyana and Peru are already open to UK visitors, subject to usual testing, as are a number of Central American destinations; daily cases in all countries except Belize and Costa Rica show a downward trend. As UK airports are no longer shown on the Latin American flight map, routes through the United States (especially Miami) and Spain are generally the best option; note that travelers from Great Britain currently cannot transit through America unless they meet one of the exemptions such as being a US citizen. Check out the Latin American Travel Association’s dedicated Covid page for the latest news.


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Thousands of people gather to ’embrace’ the dying lagoon of Mar Menor in Spain

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Madrid (AFP)

Tens of thousands of people formed a human chain around the crisis-stricken Spanish lagoon of Mar Menor on Saturday in a mourning spectacle after tons of dead fish washed up on the shore, organizers said and the responsibles.

One of the largest saltwater lagoons in Europe, the Mar Menor has long attracted tourists, but is slowly dying from agricultural pollution, with millions of fish and shellfish dead in the past fifteen weeks .

Images of dead fish have traumatized this southeastern coastal region, with locals and tourists joining in the mass mourning.

Footage from the scene showed huge lines of people, many in beachwear, holding hands along the seafront on Alcazares Beach, which stretches for six kilometers and across another section of the 73 kilometers of lagoon shore.

“It was an act of mourning for the death of animals (…) we wanted people to somehow ask their forgiveness for the barbarity we inflicted on them,” he told the AFP Jesus Cutillas, one of the organizers.

“For days we have witnessed the deaths of millions and millions of fish and seeing all this unnecessary death hurts.

“The aim was to express our regret for what happened and to show our determination that this does not happen again.”

Many people wore black, others carried banners that read: SOS Mar Menor.

Organizers estimated that up to 70,000 people joined the protest.

– 15 tonnes of fish, algae –

Experts say the fish have suffocated due to a lack of oxygen caused by hundreds of tons of nitrates from fertilizers seeping into the waters, causing a phenomenon known as eutrophication that is shattering ecosystems. aquatic.

On Monday, regional officials said they removed 4.5 to 5.0 tonnes of fish, but by Saturday that figure had tripled to 15 tonnes of fish and seaweed.

“The 15 tonnes of dead fish and biomass (removed from shore) show that this is indeed an environmental disaster and an emergency. We need immediate help for the ecosystem,” tweeted Noelia Arroyo, mayor of the neighboring city of Cartagena.

Pedro Garcia, director of the regional conservation organization ANSE, said this week that environmental groups feared the death toll at sea was more than double the figure given by authorities on Monday.

“In that 15-tonne figure, there will certainly be at least two or three tonnes of dead vegetation, but we have no way of knowing for sure,” he told AFP on Saturday.

Environment Minister Teresa Ribera in the lagoon on Wednesday accused the regional government of turning a blind eye to agricultural irregularities in Campo de Cartagena, a vast area of ​​intensive agriculture that has grown tenfold in the past 40 years.

But agricultural groups insist that they scrupulously respect environmental legislation.

Spain, go again and again on the minimum wage

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Spanish Prime Minister Pedro Sánchez at the parliamentary debate

The Ministry of Labor and Social Economy, headed by the second vice-president, Yolanda Díaz, called the unions CC.OO. and UGT, and the employer associations CEOE and Cepyme to a meeting on September 1.
The government’s intention, supported by the UGT and the CC.OO., is to once again raise the minimum inter-professional wage (SMI), which last year stood at 950 euros.

Professional organizations are opposed to it, even if, as the President of the Spanish Confederation of Professional Organizations (CEOE), Antonio Garamendi, reminds us, raising the SMI is a power of the government after consultation with the social partners. It is in fact a decision of the executive.

The employers’ refusal is based on the current economic situation – according to the Bank of Spain, one in four Spanish companies is in insolvency – and on the fact that the SMI increased by 31.8% between 2018 and 2020, something new in the Spanish economy. According to the Bank of Spain itself, the sharp increase in the SMI in 2019 would have cost 180,000 jobs.

For months, Nadia Calviño, First Vice President and Minister of the Economy, had publicly aligned with the employers, but evidence that the PSOE needs the support of Yolanda Díaz and Unidas Podemos to stay in government has forced a position change.


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9 reasons to visit the family island of Lanzarote

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Officially part of Spain, Lanzarote is actually much closer to the coast of West Africa. The easternmost of the Canary Islands, this volcanic island is a popular holiday destination all year round, thanks to its sunny climate, warm temperatures and stunning scenery. Beloved by beach lovers and hikers, the island’s laid-back resorts, golden sands and plenty of activities also make it a big hit with families. Here are nine destinations and experiences that will make Lanzarote the perfect island for your family vacation.

Papagayo beach, Lanzarote, sea and sand and cliffs

Playa blanca

Lanzarote has several coastal destinations particularly suitable for families. Playa Blanca in the south of the island is a charming, laid-back town with traditional low-rise architecture and typical Canarian whitewashed houses. The town has an attractive marina and numerous restaurants, supermarkets and bars, as well as several attractive beaches. The gently sloping main beach in the center of town is quite compact and can get quite crowded. Playa Dorada, a short walk east, offers a larger expanse of golden sand with shallow waters and a choice of restaurants nearby.

Playa Blanca at night

Papagayo Beach

A ten minute drive from Playa Blanca, you will arrive at the beautiful unspoiled beach of Papagayo, one of the five sandy coves located in the Ajaches Natural Park. This protected wilderness area has pristine white sand and marvelous turquoise waters. There are few facilities in the unspoiled landscape of Papagayo, so bring a picnic, plenty of water, and a parasol.

Papagayo Beach

Puerto del Carmen

Puerto Del Carmen, on the east coast, is a bustling, bustling resort town and the island’s main entertainment hub. Playa Grande is an expansive Blue Flag beach with beautiful golden sand and calm seas. Behind the beach, the wide promenade runs along the seaside resort, lined with numerous shops, bars, clubs and restaurants.

Puerto del Carmen marina and houses and boats

Costa teguise

North of Arrecife, the capital of Lanzarote, Costa Teguise is a traditional, family-friendly resort with a choice of four beautiful beaches, water parks, playgrounds and restaurants. If you’re feeling dizzy, take a look at the indoor climbing wall. Enjoy a plethora of water activities such as snorkeling, windsurfing, diving and kayaking, or rent a bike and explore the coast and inland.

Costa teguise

Volcanic landscapes

A trip to Timanfaya National Park is a must for new visitors to Lanzarote. This amazing and unique lunar terrain is the result of repeated volcanic eruptions over the centuries. Take a seat by the window on a very enjoyable bus tour, which winds dizzyingly through ancient lava fields. You will pass huge ancient craters and stunning rock formations in a fascinating landscape. Then, enjoy a camel ride through the sands at the park border and channel your inner Lawrence of Arabia.

Timanfaya Lanzarote National Park

Ride in a yellow submarine

Observe fish and marine life in their natural environment on a trip in a yellow submarine. On a 1-hour excursion from Puerto Calero, your ship plunges 100 feet below the surface, passing wrecks before landing on the ocean floor. Large windows in the purpose-built submarine allow you to enjoy a close-up with life under the waves.

fish in the ocean

Water parks

The island’s largest water park, Aquapark, offers all the usual water fun, plus a paintball field and an immersive cinema. Aqualava de Playa Blanca is a smaller, volcano-themed water park ideal for young children, with several slides, a man-made river, a saltwater wave pool, and an octopus that spurts out of the water.

Rancho Texas Wildlife Park

Watch sea lion and bird of prey shows at this wildlife park near Costa Teguise. Paddle a kayak through the Indian Village, cool off in the paddling pool, and watch cowboy lasso demonstrations. Meet the residents of the park, including dolphins, armadillos, tigers, pumas, and Nile crocodiles.

dolphin

Learn to surf

To the northwest of the island lies the spectacular seaside resort of Famara. This wind-blown five-kilometer stretch of pristine white sand backed by looming cliffs is a great access point for surfing and windsurfing. Several surf schools offer lessons for children and adults for all levels, including beginners.

kids surf lessons

Read more:

Travel insurance that covers Covid-19 for 2021

10 amazing accommodations in Spain

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Mallorca and the Balearic Islands’ tourism strategy “works”

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Commenting on Tuesday’s figures for hotel stays and flights, the Balearic Tourism Minister Iago Negueruela says the “strategy is working”. Repeating what he said on Monday – the season has not been typical, but much better than expected – Negueruela added that “We were the first to open, and that explains why we are leading the number of overnight stays, airport figures and the number of foreign tourist arrivals”.

Figures from the National Institute of Statistics for July showed that 42.5% of all overnight stays per foreign tourists in Spain were in the Balearics. These were therefore far above any other region of Spain. In May and June there was a similar trend. In Mallorca more precisely, there were 4,195,786 tourist nights, the highest in the country.

The Minister observed that “we are at 60% tourism figures for 2019, which is great news, and we hope this positive situation lasts for as many months as possible “.

The Federation of Hoteliers of Mallorca and the Association of Hotel Chains both highlighted the joint effort that has been made from the private sector by taking advantage of all possible opportunities and investing in employee training in health safety.

Hoteliers recognize that they have had to be flexible. It has not been an “easy season”. They hope September will be a good month, while admitting that there are a lot of last minute booking, which creates a climate of uncertainty and makes planning difficult.