The Grand Teguise Playa hotel in Costa Teguise has changed owners.
The society that owns the emblematic hotel that overlooks Playa Jablillo was owned by CaixaBank (60%) and the real estate company Metrópolis (40%). However, earlier this week the society was purchased by Alexandré hotels, which also owns three hotels in the Playa de las Americas resort of Tenerife and two in Barcelona.
The 300-room Grand Teguise Playa is a four-star hotel that was built in 1987.