Concerns Rise for Spanish Island Getaways as Iran Crisis Sparks Major Price Increases on Hotels and Beer

YOUR holiday sangria or paella could be much more expensive on your next trip to the Spanish islands.

Officials have said that destinations like the Canaries and Balearics will experience a price hike when it comes to because of the in the Middle East.

Price of food and drink on popular Spanish islands are set to increaseCredit: Alamy The increasing price of fuel will impact goods heading to the Canary and Balearic IslandsCredit: Alamy

The Spanish islands are incredibly popular with Brits, especially during the .

The Canary Islands welcomes up to six million British tourists each year and it’s where you’ll find the likes of and .

Meanwhile, around three million tourists visit the Balearics – with over two million heading to alone.

Both locations are popular thanks to their high temperatures and direct flights from multiple locations across the UK.

Now, industry chiefs have of food and drink at these destinations will be worse than 2022 when prices shot up after the war in the began.

Urgent meetings are already being held in the Balearic Islands and in the Canaries which are very dependent on imports due to their more isolated locations.

In July 2022, climbed to 10.8 per cent in .

President of the Association of Food and Beverage Distributors of the Balearic Islands, Mr Bartolomé Servera is warning of severe increases, which will depend on the duration of the crisis in Iran.

Mr Servera said the new impact will be much greater if the conflict is prolonged as the weight of the Middle East is much greater, especially through the Strait of Hormuz, through which 20 per cent of and pass.

Mr Servera says carriers have already begun to raise prices because the price of fuel has skyrocketed.

Brits flock to the likes of Majorca each year with around two million visitingCredit: Alamy

has risen by 32 cents per litre, around 22 per cent; while Gasoline 95 has become between 18 and 20 cents per litre more expensive, which represents 12 per cent.

In addition, it is not ruled out that the barrel of Brent will continue to rise: this Wednesday (March 11) it is around 90 dollars, but this past Monday (March 9) it was close to 120 dollars.

This is likely to then effect everything on the island from hotels and resorts.

The association president said “Milk, eggs, bread, fruit will rise.

“Everything needs fuel for its production or , so they will not escape the escalation of costs and producers will have to pass them on to consumers.”

The Canary Islands also fear soaring prices and will meet with transport leaders shortly.

President of the Cabildo de La Gomera, Casimiro Curbelo said official need to be monitoring the impact of the war on the islands and prepare contingency plans.

The Government of the Canary Islands says it is “very attentive” to the consequences of the war in the Middle East and plans to hold a meeting with the transport sector in the coming days in view of the increase in fuel prices.

Faced with this situation, the Government of is working on an aid package, as it did at the beginning of the war in Ukraine, to alleviate the looming rise in prices.

For more on Majorca, here are the .

And one writer who has visited .

Officials have said the price of food and drink on Spanish islands will increaseCredit: Alamy