In Ibiza, hotels rated above four stars are gearing up for the upcoming season with room rates varying from €54 to €490 per night, dependent on the level of luxury. Prices are set to surge during peak months, July and August, with even the lower-end options like Grupotel, Beach Resort, and Imperio de sa Cala escalating from €54 to around €250 and €212 per night, respectively. The most lavish accommodations, such as the OKU in Sant Antoni, commence the season with rates starting at €336, while in Sant Josep, options like the 7Pines Hyatt begin at €266, doubling in August. Ibiza’s municipality boasts the highest starting rates, with the Nobu hotel leading at €490 per night, potentially exceeding €1,300 in August. Santa Eulària and Sant Joan also display steep prices, with top hotels like Bless and Sixsenses starting at €299 and €446, respectively. Formentera presents the highest average rates, with prices ranging from €102 at Insotel Formentera to €367 at Gecko in April. The rising rates reflect a trend towards more expensive and fuller accommodations by 2024, indicating a buoyant season for Ibiza’s luxury hotel sector.
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