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by: San Antonio
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Unsold Spanish Vacations Highest Ever

Tourists who haven't decided upon where to visit this year appear to be waiting till the last moment to book a Balearic Islands holiday, accoring to a new report.

The report suggests that some holiday companies have 50 per cent of their Spanish trips and flights unsold, and as we near summer bookings are down by nearly 20 percent across the board - the largest drop in nearly 20 years.

In previous years hotels and resorts on the Balearic Islands were booked six to eight months in advance. The most popular rental areas reported advanced bookings of up to 10 months during prime holiday months. This doesn't necessarily mean tourists aren't visiting the islands, they're just waiting longer to book their summer 2009 holidays.

Menorca is the second largest island of the Balearics, Ibiza is third largest. Both islands hold reputations for being less expensive than Majorca because they are less populated during the busiest summer months.

Tourism experts believe the number of visitors to the Balearic Islands will increase as the prime summer holiday months approach. It is widely speculated that many regular visitors to the islands are waiting for prices to hit rock bottom before they book a holiday to Menorca or Ibiza.

Low cost airfares to the Balearics from several destinations in Europe helped boost tourism during 2007 and 2008. In addition to other routes, Ryan Air recently announced a new low cost route to Ibiza, the third largest of the Balearic Islands. The number of night clubs on Ibiza has earned the island the reputation of being a party island. The tourism office is confident that even with its party reputation, families with children enjoy the time they spend on Ibiza. The night life atmosphere doesn't interfere with the daytime family atmosphere, effectively offering the best of both worlds.

Investment Holiay Homes on the Balearic Islands

Property investors have increased the number of homes they purchased on the Balearic Islands over the last few years. Some investors are currently holding empty properties simply because not as many people are planning their holidays in advance. Summer is quickly approaching in North America, while winter is beginning to settle into other parts of the world. The Balearics are the perfect year round holiday destination for international visitors.

Investment holiday homes are always a risk to the investor. The key to owning a successful investment property is generating a nice return on the investment. Even in today's struggling economy, people are not foregoing their usual Balearics vacation, they're simply looking for the best prices possible and they could be right as airlines start to offer for example cheap flights to Ibiza

Renters may still receive a hefty return on their investment property as the 2009 tourist season progresses and more tourists flock to the islands.

Every holiday to the Balearic Islands should be an unforgettable experience. In a struggling economical situation, people look for the best possible prices they can find. Great deals on hotels in conjunction with low cost airfares are sure to attract more last minute tourists to the islands this year. Most tourists appear to be waiting to the last minute to book a Balearic Islands holiday. Don't give up on the 2009 holidays season just yet, and if you haven't decided where to visit yet Ibiza could be the ideal destination for a great summer holiday.

About the Author

For an Ibiza holiday resource visit online travel guide youribiza.net

Other information includes both a map, and an Ibiza weather forecast that includes the weather in Ibiza for today.


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