Selenta Group Acquires Iconic Mare Nostrum Resort in Tenerife, Marking Largest Hospitality Transaction in Spain
Tenerife, Spain – July 1, 2025 – In a landmark deal that signifies a significant moment for the Spanish hospitality sector, Selenta Group has announced the acquisition of the renowned Mare Nostrum Resort in Tenerife. The transaction, facilitated by Brookfield, represents the largest ever real estate transaction within the hotel industry in Spain, underscoring the enduring appeal and investment potential of the Canary Islands as a premier tourist destination.
The Mare Nostrum Resort, a beloved and iconic property located in the vibrant south of Tenerife, has long been a cornerstone of the island’s tourism landscape. Its strategic position, coupled with its distinctive architecture and extensive amenities, has cemented its reputation as a highly sought-after destination for travelers seeking a memorable island experience.
This acquisition marks a substantial expansion for Selenta Group, a prominent player in the hospitality industry known for its commitment to delivering exceptional guest experiences and its strategic growth initiatives. The addition of the Mare Nostrum Resort to Selenta Group’s portfolio is expected to further enhance its offerings and solidify its position as a leader in the luxury and leisure hotel market.
“We are absolutely thrilled to welcome the Mare Nostrum Resort into the Selenta Group family,” stated a representative from Selenta Group. “This acquisition represents a pivotal moment for us, allowing us to expand our footprint in a strategically important and highly desirable market. The Mare Nostrum Resort is an iconic property with a rich history, and we are deeply committed to preserving its legacy while elevating the guest experience to even greater heights.”
Brookfield’s successful divestment of the Mare Nostrum Resort highlights its strategic asset management capabilities and its ability to drive value in the global real estate market. The sheer scale of this transaction underscores the robust health of the Spanish tourism sector and the continued investor confidence in its long-term prospects.
The south of Tenerife, a region celebrated for its year-round sunshine, stunning beaches, and diverse leisure activities, continues to attract significant international investment. The Mare Nostrum Resort, in particular, benefits from its prime location, offering guests easy access to a wealth of attractions, from pristine coastlines to vibrant local culture.
Selenta Group has indicated its intention to invest in further enhancing the Mare Nostrum Resort, building upon its existing strengths and introducing new features and services designed to meet the evolving needs of modern travelers. This commitment to ongoing development is expected to further solidify the resort’s status as a leading destination.
This momentous transaction is a testament to the strength and resilience of the Spanish tourism market. The acquisition of the Mare Nostrum Resort by Selenta Group is anticipated to usher in a new era of success for the property, further contributing to the economic vitality of Tenerife and setting a new benchmark for hospitality investments in Spain.
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PR Newswire Travel published ‘Selenta Group (Brookfield) sells the iconic Mare Nostrum Resort in Tenerife in the largest ever transaction in Spain’ at 2025-07-01 14:29. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.