MALLORCA TODAY - Clumba Mar and Can Picafort hotels at risk

The Nueva Rumasa group of companies, which owns the Hotasa chain of hotels, is in danger of collapsing. The conglomerate has filed for bankruptcy protection and will seek to find a solution to its debt problem said to be as high as 700 million euros. Hotasa is the chain to which three Can Picafort hotels belong - Clumba Mar, Santa Fe and Sarah.