Business · Companies · 7 hrs ago
Vichy Catalan to invest €14 million in Caldes de Malavella spa hotel
Vichy Catalan plans to spend about €14 million renovating its spa hotel in Caldes de Malavella, Girona, Spain.
The complex dates to 1898 and is the flagship property of the group’s 1881 Hotels division.
The hotel will close during construction and is due to reopen in spring 2028.
The work is part of the company’s effort to grow its hotel business while keeping mineral water and juice as its main business.
This year, the group added a five-star hotel in Santa Cruz de Tenerife to its chain.
It aims to add existing four-star hotels in several Spanish cities over the next 10 to 15 years, through rental or management agreements.
Hotels are forecast to bring in more than €19 million in 2026, about 8% of the group’s expected revenue.
Vichy Catalan Corporation plans to invest nearly €14 million in a full renovation of its spa hotel in Caldes de Malavella, Girona.
The company expects work to begin in November 2026, and the hotel will close to guests during the renovation.
The 86-room, three-star hotel is expected to reopen in spring 2028.
The investment is part of the group’s plans to strengthen its hotel business and diversify its operations.
Vichy Catalan also added a five-star hotel in Tenerife to its chain this year.
- Who
- Vichy Catalan Corporation.
- What
- It plans to invest nearly €14 million in a full renovation of its spa hotel.
- When
- Work is expected to begin in November 2026, with reopening planned for spring 2028.
- Where
- The spa hotel is in Caldes de Malavella, Girona, Spain.
- Why
- The company aims to strengthen its hotel division and diversify its business.
This story does not have two clearly opposing sides.
Vichy Catalan spent €4.5 million on improvements at the 1881 Madrid Ventas Hotel.
The company bought a five-star hotel in Santa Cruz de Tenerife, which now operates as the 1881 Tenerife Madrigueras Golf Hotel.
Work is expected to begin on the renovation of the Caldes de Malavella spa hotel.
The renovated spa hotel is scheduled to reopen.
- Planned investment
- Nearly €14 million
- Spa hotel location
- Caldes de Malavella, Girona
- Spa hotel size
- 86 rooms
- Hotel category
- Three stars
- Planned reopening
- Spring 2028
- Tenerife addition
- 57-room, five-star hotel in Santa Cruz de Tenerife
What people are saying
a deep renovation for the next 70 years
In ten or fifteen years, we want to have urban hotels in Bilbao, San Sebastián, Valencia, Málaga and Seville
In the long term, the hotel business, which until now was not seen as a priority, will have more weight in total revenue, although mineral water and juices will remain the main business