Spring Hotels has reported a 19% increase in revenue at Mare Nostrum Resort in the first year since acquiring the Tenerife resort, as the hotel group continues to invest in its portfolio.

The group, which generates around 80% of its bookings through its valued trade partners, including tour operators and travel agents, also recorded a 15% increase in overnight stays at Mare Nostrum, representing more than 43,000 additional room nights sold.

Spring Hotels said the improvements had been driven by its operating model, revenue management strategy, commercial approach and technology platform, rather than by market performance alone.

Over the past 12 months, Spring Hotels has successfully integrated Mare Nostrum Resort into its portfolio, almost doubling the group’s operational capacity while maintaining service quality and team stability.

Miguel Villarroya, CEO of Spring Hotels, said: “Acquiring Mare Nostrum was an important milestone for Spring Hotels, but the real achievement has been demonstrating what our operating model can deliver at scale.

"Over the past year, we have successfully integrated the resort into our portfolio, bringing our management model to life across the resort while maintaining the service quality and team stability our guests and employees expect.

"These results are a testament to the commitment of our people and the strength of the platform we have built, giving us confidence as we continue investing in the long-term future of the business.”

Alongside its commercial performance, Spring Hotels has fulfilled the ESG commitments linked to CaixaBank’s sustainable financing agreement. Today, 91% of its suppliers are local businesses, while approximately 75 employees have moved from temporary agency contracts into permanent Spring Hotels roles.

Looking ahead, Spring Hotels will begin the refurbishment of Hotel Cleopatra in Playa de las Americas, as part of its long-term investment in Tenerife and commitment to modernising its portfolio.