I don't pretend to know why Arillas Inn closed, but have heard very many stories. All of what I have read here on forum of course, and a few from people actually there. I don't know what to believe.
It must be very attractive to folk who want to live there as a business (working through the season 24 hours a day) as Truth says. It could command a very good price if this happens.
But in the end, the future of Arillas and its micro-economy is much dearer to me, and I think it is time to make it another profitable attraction on the sea front. I don't care how or who, just when.
Phil