A can of Coca-Cola at a VIP table at Ibiza's Pacha nightclub costs $13, while full-size bottles of liquor start around $500.
Ibiza's reputation as an upscale destination evolved over a few decades, said Carolyn Addison, head of product at luxury travel specialist Black Tomato."It has this kind of … established glamour. So, there's a lot on offer that is expensive," she told CNBC by phone. Pundole, who is Beach Caves' creative director, described the area as having"a different vibe," and called it"curious, mystical, equally as hedonistic, and as bohemian as anywhere you could imagine." Beach Caves suites start from 1,565 euros a night in the summer.The Cave Royale suite at Beach Caves, Ibiza. Room rates at the hotel start at 1,565 euros per night in the summer season.
"It also provides lovely areas where guests can find quiet corners to escape the crowds," he said."It represents value for money to people seeking these experiences."The private island of Tagomago comes with a chef, butler, concierge, villa host and yacht access.
It's Ibiza. If you go there expecting bargains, there's a bridge for sale in Brooklyn. I don't have much sympathy for the fat cats complaining about the price of a cocktail. Tell me what it's like for the people who *live* there, and I'll listen.