Alantra has acted as the exclusive financial advisor to Servatur Hotels & Resorts, one of the leading tourism operators in the Canary Islands, in a financing transaction aimed at supporting the group's growth strategy.
The transaction, supported by CaixaBank, combines corporate and asset-level facilities. It includes a credit line linked to the Waikiki Hotel, one of Servatur's flagship hotels in Playa del Inglés (Gran Canaria), along with a complementary corporate loan. This package will refinance existing debt, secure additional liquidity, and support both ongoing investments and future expansion projects in the group's hotel portfolio.
According to Alantra, the financing design offers flexibility and competitive terms, reflecting CaixaBank's confidence in Servatur's solidity and the quality of its strategic assets.
Guillermo Hernández, Director of Alantra, emphasized: "We are pleased to have supported Servatur in structuring a financing package that balances flexibility with value creation. This transaction demonstrates our ability to offer tailored solutions to leading hotel groups thanks to our deep industry knowledge and rigorous execution."
The Alantra team involved in the transaction included Jorge Roa (managing director), Guillermo Hernández (director), Javier García-Palencia (managing partner and CEO of Alantra Investment Banking), and Carlos Lorenzo Moreno (analyst).
With this transaction, Servatur strengthens its financial position and ensures room for maneuver to maintain its modernization and growth plan in the competitive Canary Islands hotel market.
