US EditionMeliá Buys 50% of the Paradisus Salinas Lanzarote From Bankinter and Gma
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The 5-star hotel has 272 rooms and 10 villas, and is located in Costa Teguise, a tourist area located to the east of the island.
Meliá Hotels International acquires from Victoria Hotels & Resorts 50% of the Paradisus Salinas Lanzarote, consolidating its alliance with Bankinter Investment, with whom it will continue to share in this asset for the next 10 years. The increase in the participation of the hotel is aligned with the plans of the group in the Canary Islands, according to Gabriel Escarrer, president and CEO of the chain. The Victoria Hotels & Resorts society was c…
Meliá buys from Victoria Hotels & Resorts 50% of the hotel Paradisus Salinas Lanzarote for 36.5 million. The rest of the property remains in the hands of this vehicle formed by Bankinter, customers of high heritage of this entity, GMA and the Mallorcan chain itself. Read
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