How has the local economy of Mallorca been impacted by the increase in tourism?

The local economy of Mallorca has been significantly impacted by the increase in tourism, which has become one of the island’s primary economic drivers. Over the last few decades, Mallorca has transformed from an agricultural economy to a service-oriented one, with tourism accounting for a substantial portion of the island's GDP. The influx of international visitors has led to the development of numerous hotels, restaurants, and recreational facilities, creating thousands of jobs for local residents.

However, this growth has also brought challenges. The rising demand for real estate has driven up property prices, often making housing unaffordable for locals. Furthermore, the environmental impact of mass tourism has raised concerns regarding sustainability, leading to efforts to promote more responsible tourism practices. Additionally, the reliance on tourism makes the economy vulnerable to global events, such as economic downturns or crises like the COVID-19 pandemic, which severely disrupted travel. Consequently, while tourism has boosted economic growth and job creation on Mallorca, it has also necessitated careful management to ensure a balanced and sustainable approach for the island's future.