NORDOTEL - HOTELES Y APARTAMENTOS

Nordotel S.A.U. transparency portal

One of the principles of Nordotel SAU is transparency, below you can find the most relevant information about the company.

Institutional and organisational information.

Nordotel S.A.U., a hotel chain founded in 1988, is mainly engaged in the operation of hotel establishments and apartment complexes, which are both owned and operated under lease contracts.

During the year ended 30 September 2021, Nordotel has been an integral part of TUI Hotels & Resorts, which in turn belongs to the TUI Group, a global leader in the tourism industry.

Subsequent to year-end, the transfer of all the shares of Nordotel, S.A.U. to Grupotel Dos, S.A., which is 50 % owned by Grupo TUI and 50 % by Hotel Amapola, S.L., was approved.

The company, based in San Bartolomé de Tirajana (Las Palmas), has a wide range of hotel concepts that cater to the different needs of users.

During the financial year 2021 the company managed the following hotels/apartments:

Hotel Location
Hotel Orquídea Gran Canaria
LAS PITAS Gran Canaria
TRES VIDAS Gran Canaria
JARDIN DEL SOL Gran Canaria
TML FUERTEVENTURA Fuerteventura
REVOLI Gran Canaria
TML CALA PADA Ibiza
PLAYA FELIZ Gran Canaria
ALCUDIA PINS Mallorca
ROCADOR Mallorca
CINCO PLAZAS Lanzarote
PLAYA FLAMINGO Lanzarote
MONTE FELIZ Gran Canaria

On 30.09.21 Nordotel proceeds with the transfer of the hotel business relating to TUI MAGIC LIFE Fuerteventura and TUI MAGIC LIFE Cala Pada, transferring assets and liabilities agreed in the purchase contract, as well as the industrial lease contract.

In addition, after the end of the financial year, on 20 December 2021, an early termination of the industrial lease contract for the TUI Blue Alcudia Pins Apartment Hotel is agreed.

Organisational chart

The company is managed by the Board of Directors.

The management team is responsible for the company’s operations, following the guidelines set by the Board of Directors.

See organisational chart in pdf

Applicable regulations

Law 12/2014, of December 26, on transparency and access to public information (BOC 5, of 9.1.2015).

RDL 1/2010, of July 2, of the revised text of the Capital Companies Act.

Law 19/2013 on Transparency, Access to Public Information and Good Governance

Economic and financial information

Nordotel SAU files its annual accounts with the Mercantile Register of Las Palmas, where they can be requested.

Statement of non-financial information: see pdf

Information on public procurement

The entity has not signed any minor contracts in the last year nor has it participated in any tenders with any public entity.

Information on agreements

The entity has not signed any agreement with any public entity in the last year.

Subsidies received:

GOVERNMENT OF THE CANARY ISLANDS Subsidies to cover the cost of property tax borne by companies operating tourist accommodation establishments affected by the crisis resulting from the Covid-19 pandemic.

File: EXP-SUBVENCIONIBI-0439-2021

Subsidy awarded: 400,961.20 euros.

% Subsidy: 100,00 %