Responding to resident complains, the local government in Balearic Island have given notice that they plan to limit the number of available hotel bed to 623,624 between Ibiza and Mallorca with an expected 120,000 further cuts over the next few years. According to Spanish authorities, by limiting the number of available rooms for tourists they expect room rates to decrease. ** Editor’s note – free market economics suggests this is backward thinking as if you lower the supply by definition the price must increase **
Also, all homes and apartments must register with the government before listing for rent on sites such as AirBNB and Homeaway. Those that do not face fines up to 400,000 euros!
In what has become an annual institution during both weekends of Coachella, LA_based Framework has announced…
Just announced by Horizon and Insomniac is a 2-day show in downtown San Diego on…
Below are the livesets recorded at this past weekend's Ultra Music Festival 2024 in Miami.…
Tickets went on sale today for Diplo's brand new Diplo's Run Club for Seattle and…
The owner of one of the most famous clubs in Ibiza, Amnesia, has partnered with…
As summer starts at Buena Vista Lake in California, the annual Lightning in a Bottle…