Iberian Property > News > Hotels Covivio buys the Iberostar Las Dalias hotel in Tenerife for €81M Covivio, through its 52.5%-owned subsidiary Covivio Hotels, acquired from a controlled affiliate of Starwood Capital a 429-room, 4-star hotel in the Canary Islands. Alexandre Lima | 20/12/2024 Iberostar Las Dalias hotel in Tenerife Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Fuerte Group Hotels is investing €14M to develop a luxury hotel in Granada 16 July 2026 Hotels B&B launches a new 150-room hotel in Madrid 20 July 2026