July/August 2025


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Spring Hotels Doubles Portfolio with €430 Million Acquisition


IN a landmark deal that marks the largest hotel asset transaction in Spain’s history, Spring Hotels has acquired the iconic Mare Nostrum Resort for €430 million. This bold move doubles the group’s portfolio and firmly establishes it as a dominant force in southern Tenerife.


The acquisition includes three hotels with over 1,000 rooms, a dedicated MICE centre, and a variety


of


food and beverage venues, including the renowned Hard Rock Cafe and Palapa Beach Club. The Mare Nostrum Resort recently underwent a €56 million renovation led by its former operator, Selenta Group,


which is partially


owned by Brookfield in Spain. This milestone agreement will expand Spring Hotels’ portfolio with three properties: SIR ANTHONY – a 5-star boutique hotel with 70 rooms, many with private terraces and ocean views, CLEOPATRA PALACE


– a 4-star


property with 431 rooms, famed for its Roman architecture, ARONA MEDITERRANEAN PALACE –


a 5-star, 391 room family-friendly resort offering spacious accommodation and vibrant communal spaces This transformative acquisition builds upon Spring Hotels’ existing roster of properties: HOTEL VULCANO – a chic 4-star with 371 rooms and pool party vibes


BITACORA – a family-focused 4-star with 314 rooms and its own water park ARONA GRAN – an upscale 4-star plus adult only resort with wellness-centre, spa, and fine-dining oriented “For us, this is more than a hotel expansion, it’s a proud repositioning of this iconic resort into local hands,” said Miguel Villarroya, CEO of Spring Hotel.


“It’s


a bold commitment to quality, a wider product range, and to


Tenerife


This operation reflects


itself. the


group’s strength and sustained growth over the past decade. It’s a strategic step that


reinforces our position as a sector leader while expanding our offering by complementing our four-star portfolio with high-end tourism products. This highlights our ability to invest and manage locally. With over 40 years of presence in Tenerife and the Canary Islands, we reaffirm our long-term commitment to the region, with a continued focus on responsible tourism and sustainable development.” This


landmark acquisition gives


Spring Hotels greater leverage with key tour operators, suppliers and travel partners, reinforcing its long standing commitment to the UK and Irish


markets, where Tenerife remains a top- performing destination.


“The acquisition isn’t just about numbers,


investment,” Joanne


it’s a forward-thinking says


Robinson,


Chief Sales Officer. Spring Hotels, with strong partnerships already established with TUI, Jet2, and easyJet, and a newly formed dedicated trade team all ABTA trained, is fully committed to simplifying agent bookings, maximising visibility across all sales channels, and making life easier for our valued trade partners”


She adds: “We’ll be


educating everyone in the UK & Ireland about our new portfolio imminently. There’s real excitement about what this means for agents and customers alike. While brand development remains on the table for the future, Spring Hotels assures guests and staff that the current focus is on continuity and stability. All operations at the newly acquired hotels will


continue uninterrupted.


The integration of Mare Nostrum Resort into the Spring Hotels portfolio not


only increases the


accommodation capacity, –


group’s but also


enhances operational and commercial synergies


profitability, and greater negotiating power in the market.


Located in the municipality of Arona, where Spring Hotels already operates three properties,


this acquisition


reinforces the group’s commitment to high-quality tourism and firmly positions it as a key player in the sector, well-placed for future strategic transactions.


driving future growth,


TRADE NEWS | 81


Oman Air Becomes 15th Member of Oneworld Alliance


ONEWORLD has welcomed Oman Air as its 15th member airline. As the flag carrier of the Sultanate of Oman, Oman Air strengthens the alliance’s presence across the Middle East. “We are proud to welcome Oman Air to the oneworld family,” said Nat Pieper, CEO of oneworld.


“Oman Air brings valuable strategic reach and award-winning product and service to the alliance. This partnership opens up exciting new connections for our customers, particularly across the Gulf and South Asia, and reinforces oneworld’s position as the premium alliance for international travellers.”


Jet2.com and Kyte Sign Distribution Agreement for Corporate Travel Companies JET2.COM


and company airline Kyte have


technology announced a


distribution partnership in a new move from Jet2.com to connect to more travel sellers including TMCs and Corporate Booking Tools.


Seats with Jet2.com will now be available on the Kyte platform. Kyte is a new-gen airline distribution platform,


providing an application


programming interface (API) that standardises airline NDC and LCC proprietary content.


Through Kyte’s interface travel sellers can build connections with airlines to offer the full suite of fares and ancillaries for their end users. Jet2.com’s content from Kyte will also be made available on partner’s desktop solutions, such as AirGateway, for those agencies needing a desktop solution.


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