Stoneweg Hospitality, the hotel investment arm of global real estate company Stoneweg, has acquired two hotels in Spain from Globalia Business Corporation, the Spanish tourism group, for €83 million. The investments have been made through a variety of Stoneweg’s discretionary funds.
La Niña is a 226-room, four-star hotel located in Costa Adeje, Tenerife, 200 metres from Playa Fañabé and Playa de la Pinta. Palace de Muro is a 184-room, five-star hotel in Muro, Mallorca, and is situated directly on Playa de Muro. Both hotels feature multiple restaurants, bars and pools, as well as a spa and gym, as well as Meetings, Incentives, Conferences and Events (MICE) facilities.
Source: Stoneweg on the 28th of april 2023