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The Blackstone executive who most closely follows what is happening in Maspalomas
Felipe Klein is investment director of Hotel Investment Partners (HIP) Felipe Klein is investment director of Hotel Investment Partners (HIP)

The Blackstone executive who most closely follows what is happening in Maspalomas

Dácil Santana Wednesday, January 04, 2023

He does not appear anywhere and does not want to know anything about how positions of power are distributed in the Canarian Confederation of Businessmen or the Chamber of Las Palmas. Felipe Klein is investment director of Hotel Investment Partners (HIP), owner of IFA, Barceló and Dunas del Sur Gran Canaria hotels, and has more than 10 years of experience in the financial field, corporate finance and strategic consulting in the hotel sector. and real estate. That is to say: hotels are owned by funds and they hire companies to manage them, not always on a rental basis. The funds are real owners of the tourism mechanism of the economic capital of the Canary Islands. There are few hoteliers left in Gran Canaria. 

Felipe Klein is the one who has authorized Lopesan to manage hotels owned by HIP, that is, his influence in the last word is total. In total, HIP owns 1.692 rooms distributed between Corallium Dunamar and Corallium Beach; Abora Catarina, Abora Continental and Abora Interclub Atlantic. In 2023, it plans to complete an investment process in renovations worth 100 million euros in the hotels, including those that were formerly owned by Lopesan. In 2022, the Barceló Margaritas, former Occidental Margaritas, reopened. A four-star hotel to which HIP, Blackstone's hotel investment company and the first hotel owner in southern Europe, has allocated nearly 17 million euros for its complete transformation with 491 renovated rooms, of which 168 are Royal Level (suites and junior suites).

During his career at HIP, Klein has participated in transactions worth more than €4.000 billion in Southern Europe (mainly Spain, Portugal, Italy and Greece). Previously, he held the position of vice president for Spain and Portugal at JLL Hotels & Hospitality Group, directing different hotel-based projects (transactions, asset management, valuations, operator searches and strategic consulting) and at Colliers International, where he participated in real estate projects. of debt restructuring for a volume greater than 300 million euros. Felipe Klein has a degree in Business Administration and Management and completed the first stage of the Law Degree, both from the Pompeu Fabra University of Barcelona. He also earned certification in Cornell University's 'Real Estate Investments and Asset Management' program.

 

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