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Dominguez Brothers invest €13 million in Lanzarote hotel

The Las Arenas resort on the Costa Teguise in Lanzarote is to become part of the HD Hotels group in Spain. HD Hotels is owned by two brothers Jose and Andres Dominguez Santana. The move means that Las Arenas will be renovated into a four star luxury hotel and will be renamed the HD Beach Resort. According to Javier Puga, director of the business group owned by the Dominguez brothers, the Las Arenas resort which is situated on the seafront of Playa de Los Charcos currently has 177 rooms and had been operating as an apartment complex managed by an external company.

The resort will undergo a complete renovation aimed at significantly improving the quality of tourism in the area and on Lanzarote in general. The renovation is scheduled to finish at the end of this month when the hotel is due to be reopened. The director of Dominguez Brothers Group said that the aim of the €13 million investment is to ensure a total transformation of the resort complex, with a complete upgrade of the facilities, both internally and externally, to become a luxury hotel overlooking the beach. The project will try to ensure an aesthetically pleasing integration of the hotel with the local environment and the creation of a wide range of additional facilities and services, such as a large sports area.

The transformation of the Hotel Las Arenas is part of an expansion plan by HD Hotels in Spain, which already has hotels in Gran Canaria, Tenerife and Lanzarote. In the case of Lanzarote the hotel chain owns the resort Poblado Marinero in Playa Blanca and now the Hotel Las Arenas in Costa Teguise as well. The chain also plans the construction of a luxury hotel near Marina Rubicon in Playa Blanca, with an investment totalling around €50 million. The Dominguez Brothers group also owns the shopping centre El Campanario, located in the tourist resort of Corralejo in Fuerteventura, for which they were recently awarded the Silver Beach prize for their tourism initiatives.

This entry is filed under Lanzarote Hotels.