The Canary Islands top Spain’s hotel investment list with over €1 billion in 2025
The Canary Islands have retained their position as Spain’s top destination for hotel investment for the third consecutive year, attracting €1.039 billion in 2025, equivalent to 24% of all national investment, according to the latest Inversión Hotelera España 2025 report published by Colliers.
A total of 17 hotel transactions were completed across the archipelago, with the standout deal being the record-breaking purchase of the Mare Nostrum Resort in Tenerife for €430 million by Spring Hotels Group, the largest hotel transaction ever recorded in Spain.
Strong Investor Appetite Driven by Tourism Strength
The report explains that consistent, year-round demand from international tourists, combined with a shortage of newly built hotels, has pushed investors to acquire existing properties to refurbish and upgrade them. Most capital was directed at holiday hotels, the backbone of the Canaries’ sun-and-beach tourism model.
Other notable operations included the sale of Grand Teguise Playa in Lanzarote by Alexandre Hotels, and the sale & leaseback of the Sunwing Arguineguín in Gran Canaria for €64 million. Portfolio transactions also featured prominently, such as the sale of a three-hotel package totalling more than 1,000 rooms, and Lopesan acquiring the remaining 50% of Anfi Resorts.
The Grand Teguise Playa in Lanzarote
A Record Year for Spain
Beyond the Canary Islands, 2025 was one of Spain’s strongest years ever for hotel investment, reaching €4.275 billion, the second-highest figure on record after 2018. Nearly 200 hotel sales were completed nationwide, surpassing 2024 levels and underscoring sustained investor confidence. Over the last five years, hotel investment in Spain has consistently exceeded €3 billion annually.
Barcelona ranked second with €712 million, followed by the Balearic Islands (€464 million), Madrid (€376 million) and Málaga (€309 million). Together, these five markets accounted for 68% of the total investment—slightly lower than previous years due to rising interest in secondary destinations, which now represent 32%.
Holiday hotels continued to dominate, drawing 55% of total investment, compared with 45% for urban assets.
Outlook for 2026: Canarias Well Positioned
Looking ahead to 2026, Colliers forecasts another favourable year for the sector, supported by robust tourism demand, limited supply, and a more positive financial environment.
Within this landscape, the Canary Islands maintain a clear advantage thanks to their year-round tourism-driven economy and strong portfolio of well-positioned resort assets.
According to the consultancy, this solid performance further consolidates the archipelago as one of Southern Europe’s leading hubs for hotel investment.
Share:
