The suspension of work on Palma's Palacio de Congresos convention centre and hotel and the failure to find a company to manage the centre has been out down to the financial uncertainty in Spain, this despite the fact that Meliá Hotels had put in a bid for management. Finance is being sought from banks to continue with the building and different options are being looked at, including separating the convention centre and hotel for consideration in a further round of tendering.
See more: Diario de Mallorca
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