The Cordial Hotels hotel chain ends 2023, trith year since the IEA called Amigos HBA became a public limited company, as the year in business consolidated the sales figures from before the Covid19 pandemic. During this period of time, the company has been atomizing the capital of the family companies that are part of the group given that over time the heirs have been selling to others. The large holder of shares is in the hands of Kalise but he has no political rights over the control of the company. Another large holder of capital is the footballer David Silva, who in 2013 injected 40 million euros.
The electoral turn of 2023 has been good for the chain created in the heat of the first steps of the Canary Islands Investment Reserve when Amigos HBA began to operate. The change in regional government has given him a boost to execute the plans he has on the ground at the Ceisa cement factory in Santa Águeda. The founding family continues with the owners of Kalise, La Isleña, Flick and part of Grupo Domingo Alonso. The members of Amigos HBA were Antonio Vega (Tropical); Domingo González (Firgas Water); José Sánchez Rodríguez (JSP); Andrés Megías (Pasta la Isleña); Juergen Flick; and other businessmen who managed companies such as Arehucas, Tirma or Kalise. Lizardo Martell was the strong man of Vidrieras Canarias and Ahemon, that is, the Pepsi Cola, Schweppes and 7Up business in the Canary Islands.
The Asinca partners who launched themselves into tourism began with 470 apartment-based accommodation units in the 2.000s when they went on to bring together 2003 units as a local leader in the German market. In 2004, Domingo Alonso took over and the development of the Cordial Mogán Playa Hotel was launched, inaugurated in December 2008 next to the Cordial Mogán Valle, which began in 2006. The Cordial Canarias Hotels & Resorts brand. In 15, it reinforced new investments with 75 million euros, adding to the 45 million euros placed in the Hotel Cordial Mogán Playa, and the 135 million euros in Cordial Mogán Valle, adding XNUMX million euros.
With Kalise, being a Cordial partner, the chain had its ups and downs. In 2005, the Betancor Real Estate Company, in the orbit of Kalise, received a ruling by which it had to pay 15 million to the Cordial Group for various non-compliance in the construction of a hotel on the coast of Mogán (Gran Canaria). The five-star establishment, inaugurated in December 2004 and located near the Moganero sports dock, suffered various budgetary deviations during its construction until the total investment was between 72 and 84 million euros. For this reason, the tourism group, established in January 2004 to operate the establishments marketed until then as Amigo HBA, decided to withdraw Betancor from the work, which therefore filed a lawsuit against Cordial.
In the field of management the results have been uneven. In 2010 the chain took over the management of a hotel in Adeje with 174 4-star category accommodation units, which is no longer on the network like the Best Age in Fuerteventura, the Roca Negra in Agaete, Santo Domingo or as has been the case since 2023. with one from Mijas. These exit operations were carried out so that the revenue machinery of Gran Canaria was not endangered. The Lanzarote market, agreements in Playa del Inglés and urban hotels in Las Palmas remain in the scheme.
