Atom Hoteles Socimi sells the Labranda Costa Mogán Hotel
– The vehicle promoted by Bankinter Investment and GMA makes its fifth divestment, in addition to having acquired two luxury hotels last January in Barcelona. – H-10 Hoteles, the buyer of the asset, will become its new operator. – Located on the seafront of Playa del Cura, it was the hotel with the smallest number of rooms in Atom’s portfolio. Atom Hoteles Socimi has announced the sale of Hotel Labranda Costa Mogán, a 4-star, 125-room asset, to H-10 Hoteles, which will become the new operator. The hotel, acquired by the vehicle founded by Bankinter Investment and GMA in 2019, opened in 2021 after a comprehensive refurbishment, enabling its successful repositioning in the lifestyle segment. Hotel Labranda Costa Mogán was the resort with the smallest number of rooms in the Atom Hoteles portfolio, although it has a wonderful tourist location on the seafront of Playa del Cura, Mogán, in Gran Canaria. The renovation of the hotel, led by GMA Corporate as manager of the Socimi, Patricia Galdón’s studio, and the Meeting Point group, was awarded multiple prizes for its innovative interior design. Taking as the basic concept of the project the integration of nature and the characteristic features of the island, the architecture and design sought, and achieved, to harmonize the hotel with its surroundings. Both in the interiors and exteriors, as well as in the gardens, Patricia Galdón and GMA opted for a project of earthy colors with touches of blue and green, transporting the guest to the sea and nature. As is the norm in all investment vehicles driven by Bankinter Investment and GMA, sustainability and energy efficiency were at the heart of the transformation process. Among other achievements, the asset achieved energy letter B certification, and energy centers were installed in the building. In this sense, H10 Hoteles, the new operator and owner of the asset, acquires a renovated hotel fully in line with the most recent sustainability protocols in the hospitality industry. GMA Corporate has wanted to “thank Meeting Point for the mutual collaboration throughout this process”, as well as “the commitment and professionalism” shown during the last few years. Likewise, GMA Corporate has expressed its pride in “having been able to participate in this purchase, transformation and repositioning in which we have consolidated the hotel as a first class destination on the island of Gran Canaria. Looking to the future, both the destination and this particular asset will continue to be a benchmark for sustainable and committed tourism”.
