Benidorm Hotels ask the Government to intervene against Marsans
The sale of the troubled tour operator Viajes Marsans is beginning to worry the owners of Benidorm hotels. Antonio Mayor, the president of Hosbec, yesterday demanded a “quick intervention” from the Government against the Company presided over by Gerardo Díaz Ferrán, who is also president of the Confederation of Business Organisations in Spain (CEOE). According to the Benidrom hotel owners the situation is “almost unsustainable” given that Marsans is “one of the main tour operators in Spain and controls a large amount of the business in holiday accommodation”. The paralysis that the travel agent is currently experiencing means that the hotel sector on the Costa Blanca could suffer a strong reversal just before the beginning of the key summer season in Spain. Mr Mayor predicted that Marsans could become the “Lehman Brothers of tourism in Spain” and went on to say that the troubled travel agent is a “real volcano whose eruption could have devastating consequences”.
According to some provisional calculations carried out by Hosbec, the amount of credit outstanding from Marsans to members of the hotel association in Benidorm could be as much as five million euro, although Mr Mayor went on to say that “this figure could be a lot higher if we take into account the debt owed to retail…Click to read more about Benidorm Hotels