28 November 2016 – Real Estate Press
The German tour operator Schauinsland-Reisen has acquired Hotel R2 Río Calma and the Maryvent apartment complex, both located in Fuerteventura.
According to a statement issued by the Company, the Canary Islands represent one of the main destinations for the tour operator. For this reason, Schauinsland-Reisen has invested in two very well-known and well-regarded tourist complexes in the Canary Islands. The two buildings are located on the Costa Calma de Fuerteventura and are very popular with the German market, according to the company. The group has acquired 100% of the superior 4-star Hotel R2 Río Calma, which has 416 rooms, and has become the majority shareholder of the Maryvent apartment complex, which is also a 4-star property.
Gerald Kassner, CEO at the company, appeared very happy with the success of the agreements and the incorporation of these hotels into the firm’s portfolio. “We are very happy to be acquiring these two beach-front hotels for the German market and for our clients. Both tourist complexes fit perfectly with the Schauinsland-Reisen portfolio in terms of quality and location”, he said.
The group highlights that the Maryvent apartment complex has a “prime location” right on the beach front at Playa de Costa Calma. Guests stay right next to the 1km-long, shallow beach. (…).
Within the R2 hotel chain complex, the tour operator Duisburgo also exclusively operates the 5-star R2 Romantic Fantasia Suites Design de Bahía Playa, the 4-star R2 Design Hotel Bhía Playa and the 4-star R2 Romantic Fantasia Dream.
In June, the German tour operator bought its first hotel in Mallorca, the Bahía Cala Ratjada, a 4-star property, formerly known as Eva Park.
Original story: Real Estate Press
Translation: Carmel Drake