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245 Edition 246 258
A
SITE DEAL
10 year old approved project to build two thousand three hundred properties close to La Mata lake at the El Mirador site has been resuscitated according to a report in the Informacion newspaper. The paper says that it has discovered that a developer has paid over a million euros to clear outstanding debts and to gain building status for the sector ZO-9 site between the Recorral wood in the Rojales municipality and the Campo de Guardamar road. Área Blanca Estates has picked up the rights for the area,
TUI
Friday12th 30th October 2016 6th November 2015 Friday February
ALEX TRELINSKI
after a previous promoter went bust as the recession kicked in. Informacion has
reported that work on the 650 thousand square metre site could begin as soon as
April with a full potential of adding an extra six thousand residents to the area.
HOUSE FULL
AG, Europe’s largest tour operator and owner of companies like Thomson, First Choice and Falcon, says that they are virtually sold out in Spain for this year in regard to hotel rooms, according to their chief executive Fritz Joussen. Joussen said that German and other TUI customers, including those from Britain, are shunning Turkey because of terrorist incidents including last month’s slaying of 11 German visitors in a bomb blast at a tourist attraction in Istanbul. Customers are instead planning holidays in Spain, contributing to a 13 per
cent jump in average revenue per bed at TUI’s Riu hotel chain and leading to a capacity squeeze in the
country. Pricing there and in other countries viewed as less prone to terrorism will remain high because
hotel operators won’t have to offer last-minute discounts to fill empty beds, Joussen added.