Mallorca's restaurant trade is serving more tourists and taking less money. That is the message from Juan Miguel Ferrer, president of CAEB Restauración Mallorca, the restaurant association within the Balearic employers' federation CAEB, in interviews published in late August by Mallorca Magazin (Pere Cerón, 24 August 2026) and the Majorca Daily Bulletin (Andrew Ede and Pere Cerón, 23 August 2026).
What the association said
According to both outlets, Ferrer said sector revenue has been falling for at least two years. He estimated August 2026 revenue at 12 to 14% below August 2025, depending on the area, with the full year down 6 to 8%.
His explanation is about where the holiday money goes. Flights and hotels, he said, used to take 30 to 40% of a visitor's budget. Now a guest can arrive with up to 70% already spent before sitting down at a table.
He also defended menu prices. The Bulletin carried his line that "it's not greed, it's numbers: the alternative is ruin." In the Bulletin he put sector inflation at close to 4%. A menú del día that cost €17 some years ago would need to sell at around €30 to €35 today to be as profitable, he said. On staffing, a hospitality worker can cost the business close to €3,200 a month once salary, social security, meals, uniforms and other costs are counted, while the employee takes home around €1,800. Ferrer called for a debate on how labour is taxed, and said he is in favour of staff being paid better.
Both reports note that hundreds of bars and restaurants close each year, many without any announcement. Ferrer told Mallorca Magazin he would prefer fewer guests, but better ones. The same piece points to Playa de Palma moving away from cheap all-inclusive tourism towards better hotels and higher-spending guests.
The context
This was not a one-month wobble. Earlier in the season, Ultima Hora (Alicia Mateos, 2 August 2026) reported Ferrer calling July "descafeinado" and atypical, with revenue down 2 to 4% overall and by up to 12% in some areas. Playa de Palma, hit by power cuts in July, Peguera, Calvià and Can Picafort were among the areas named.
Costs are rising, menu prices are already a sore point with guests, and more of the holiday money is spent before visitors land. Another price rise is a hard sell, and by Ferrer's own account the island has more guests, not fewer, while revenue falls.