Ibiza's Nightlife Workers Pay Up to 90% of Their Salary in Rent. Palladium Just Spent 90 Million Euros Down the Road.
New official rent-to-wage data show Ibiza and Formentera hospitality workers paying between 50% and 90% of a standard salary in rent, the same week Palladium Hotel Group confirmed it has invested more than 90 million euros into its luxury resort and club complex The Site Ibiza in Playa d'en Bossa.
Elena R. · 5 min read