Finnish timeshare giants Holiday Club Resorts has acquired five resorts in Amadores and Puerto Rico in Gran Canaria from the Puerto Calma Group.
The new additions will be a major boost to Holiday Club’s existing 31 resorts in Finland, Sweden and Spain and will add 6,000 owners to their current membership of 42,000.
The latest additions to the Holiday Club family are Puerto Calma, Vista Amadores, Sol Amadores, Playa Amadores and Jardin Amadores. All five resorts have been designated gold crown by timeshare exchange company RCI, while the apartments are fitted to the highest standards and have spacious terraces and magnificent ocean views.
The acquisition should prove popular with Holiday Club’s largely Finnish membership as Gran Canaria boasts 350 days of sunshine each year and an average temperature of 25ºC.
Holiday Club CEO Vesa Tengman said: “This significant acquisition will help us strengthen our position in the international market and our expansion will continue. We were searching for suitable resorts in the Mediterranean and the Canary Islands and these acquisitions meet all our criteria. The Puerto Calma Group, is an established family enterprise with top class apartments and satisfied owners.
“Furthermore, the beach at Amadores is one of the best in the Canary Islands and flight connections to other European countries are excellent. We are planning to launch at least two other new locations in Southern Europe in the near future.
“Demand for holiday ownership is growing and increasingly more people are interested in acquiring a second home in southern Europe. There is a lot of interest in timeshare, but the industry offers varying standards. This is why we are now delighted to be offering Holiday Club’s expertise – accumulated over 25 years of operations in Finland – to regions abroad. Our business concept is forged upon high-quality holiday resorts, satisfied customers, reliable operations and the flexibility of exchanging holiday weeks.”
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