Business leaders come together in Mallorca for the launch event of The Business Year’s debut research on the island

Palma de Mallorca May 20, 2022—The Business Year, a global media group that has been providing investors, businesses, and governments with first-hand insights into the world’s most dynamic markets for over a decade, recently held a launch event for Special Report: Mallorca, its debut research on the island economy.

The event was held at Finca Biniagual and featured opening remarks by CAEB President Carmen Planas and the President of the Chamber of Commerce of Mallorca Antoni Mercant. Both thanked The Business Year for producing a publication that portrays Mallorca’s economy through the direct words of business and public sector leaders.

Ioana Popa, Regional Director of The Business Year, also spoke on the occasion, adding: “Special Report: Mallorca is the result of many months of work, but above all the result of the support we have received from Mallorca’s business community and their warm welcome. We are grateful to the Confederation of Business Associations of the Balearic Islands, the Chamber of Commerce of Mallorca, the Cercle d’Economia de Mallorca, the Hotel Business Federation of Mallorca, the Association of Industrialists of Mallorca, APD Baleares, and the Fundació Impulsa Balears, as well as the Mallorcan private sector, whose commitment to support the island’s efforts to diversify its economy and lay the foundations for stable, long-term growth.”

The event also featured a roundtable discussion on the economic future of the island, moderated by Francisco Albertí, Partner, Corporate Finance, Hotel Transactions, att KPMG Balearic Islands On the panel were: Vincent Truant, Director of Private Banking Balearic Islands, Banco Sabadell Urquijo Banca Privada; Hans Lenz, General Manager, Engel & Völkers Mallorca Southwest; and Gabriel Llobera, CEO, Garden Hotels. This roundtable highlighted important facts such as the current appetite for investment on the island, the need to look for long-term solutions to problems such as the lack of housing, and the need to attract personnel for key sectors such as tourism and the hotel industry. In addition, emphasis was placed on the current transformation that tourism in Mallorca is undergoing, with clear examples of economic circularity that can be replicated on the island as a whole.

Also, to close the event, Antoni Pons, CEO of DISSET Consultors, presented key information about European funds and encouraged attendees to take advantage of this historic opportunity to transform the island’s economy. The event ended with a wine tasting offered by Bodega Biniagual and tapas offered by Aire Catering for the more than 60 guests.

Special Report: Mallorca is available now on key business information platforms, including Bloomberg Terminal, Refinitiv Eikon, Dow Jones Factiva, and FactSet. It is also be available on PressReader, Google Books, and at www.thebusinessyear.com.