Grupo Fuertes and SATOCAN buy the Hotel Tenerife Golf
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Grupo Fuertes, a leading business holding company in Spain and owner of more than twenty companies, and Satocan, with a presence in the main sectors of the Canary Islands, have joined forces to acquire the Hotel Tenerife Golf, a 4-star category, located on the seafront in the municipality of San Miguel de Abona, and whose property until now was Tecamira (Vincci Hoteles).
The hotel is located in one of the complexes with the best tourist location in Tenerife in the southern area, just 1,000 meters away from the Amarilla Golf and Golf del Sur courses and just 5 kilometers from the Reina Sofía airport. The accommodation, which currently consists of 125 rooms, will undergo a comprehensive renovation project, both of rooms and common areas, scheduled for 2025, with the aim of creating a tourism concept that enhances all the virtues of the hotel. and its unique location on the seafront.
With this remodeling, new customer profiles and markets will be served. During this phase, and until the new corporate identity is announced, it will be called “Hotel Tenerife Golf & Sea View”. The property, which maintains the current staff of 70 employees, has been managed since March 1st by Grupo Satocan.
About Fuertes Group
Grupo Fuertes, with 100% Spanish capital, brings together more than 20 companies whose core business is agri-food. The business group has more than 8,700 direct employees and 50,000 indirect employees and its business volume will exceed 2.3 billion euros in 2022.
With this alliance with Grupo Satocan, Grupo Fuertes confirms its commitment to diversification. Thus, in the last year it has made important investments in the real estate and hotel sector that contribute to relaunching the national tourism sector.
About Satocan Group
In this operation they have gone hand in hand with a local company, also of family origin and with 40 years of history, Satocan: The Canarian business group that began its activity in construction and real estate development has ended up leading other sectors such as tourism, with hotels and tourist apartments, golf courses, air transport, marinas, shopping centers, underground parking and energy production. A strongly diversified group that is among the leaders in the Canary Islands with more than 70 companies, almost 900 employees and promoter of the first Canarian private investment fund for startups, Archipiélago Next, which has already exceeded 30 technological companies in which it has participated. A benchmark and awarded for its sustainable commitment and, in particular, recognized for its social work thanks to its Júnguel Sanjuán Foundation, Satocan has always aimed to grow committed to the Canary Islands and tackle projects that add value to the islands.
At Grupo Satocan they have managed to ensure that each complex has its own identity taking into account two fundamental aspects: promoting the environment in which they are located and leading customer satisfaction indices. Which has helped them certify all their Biosphere complexes and place their hotels in the rankings of the most desired in the world. And with the purpose of continuing in this line, they disembark in San Miguel de Abona together with one of the leaders in the business world in Spain: Grupo Fuertes.
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