A total of almost £2.4m (€3m) has been invested in renovating the Palma hotel's meeting rooms and conference centre on the penthouse floor.
The eight meeting rooms total 561sqm, with the largest accommodating up to 150 delegates theatre-style.
Barceló Illetas Albatros is launching its healthy meetings programme in September, in conjunction with the opening of the renovated events spaces.
The new programme incorporates add-ons for clients such as a 10-minute yoga class; menus with a choice of fish or meat dishes and a mini-bar including sugar-free drinks and healthy snacks, such as local Mallorcan almonds.
Barceló Illetas Albatros general manager Michael Cleaver said: "We are aware of organisers looking for the best value and healtiest options for their delegates. With our stunning location it makes perfect sense to introduce a meetings product that aims to increase productivity for companies and deliver a more rewarding experience."