The Banesto Banking Group made a healthy profit on their sale of the massive Bellevue Holiday complex in Alcudia to Britain's Airtours Group, the bank announced yesterday. The Bellevue was sold for more 17'125 million pesetas, a profit of almost 10'000 million. Airtours have since bought a further hotel in Cala Viñas. According to Airtours President David Crossland, the tour firm intends to buy further hotels across the Mediterranean. Airtours is the world's largest tour company.
Healthy profit on British sale