{"id":329120,"date":"2025-08-08T23:40:17","date_gmt":"2025-08-08T23:40:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/329120\/"},"modified":"2025-08-08T23:40:17","modified_gmt":"2025-08-08T23:40:17","slug":"spains-fergus-group-pivots-to-repositionings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/329120\/","title":{"rendered":"Spain\u2019s Fergus Group pivots to repositionings"},"content":{"rendered":"<p class=\"headline\">Expansion in resort markets focuses on revitalizing<br \/>\nhigh-potential assets in mature Spanish destinations.<\/p>\n<p>INTERNATIONAL REPORT \u2014 Born out of Palma de<br \/>\nMallorca, Spain, a decade ago, the Fergus Group\u2019s 34 hotel assets stretch<br \/>\nacross key Spanish holiday regions, including the Balearic and Canary Islands,<br \/>\nCatalonia, and Andalusia.<\/p>\n<p>The Spanish company owned by Mallorcan<br \/>\nentrepreneur Pep Ca\u00f1ellas specializes in repositioning, managing, and<br \/>\ncommercializing hotel assets across various brands from luxury to mid-market.<br \/>\nIt owns and operates hotels under the Fergus Hotels and tent Hotels, while its<br \/>\nsoft brand is Affiliated by Fergus.<\/p>\n<p>Already, in 2025, the group has added seven<br \/>\nnew properties to its portfolio, with three in Mallorca and one in Sitges on<br \/>\nthe Barcelona coast. About a dozen more hotel transformation projects are in<br \/>\nthe pipeline for 2025 and 2026, said CEO Bernat Vicens, particularly in the<br \/>\nCanary Islands and in new opportunities areas such as the Valencian Community,<br \/>\nwith a special interest in Benidorm.<\/p>\n<p><a href=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/HIT\/uploadedImages\/Articles\/News_Articles\/Development\/Brands\/BERNAT%20VICENS.jpg?tr=w-768%2Cfo-auto\" data-fancybox=\"\" title=\"Bernat Vicens\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/BERNAT VICENS.jpg\" class=\"img-responsive img-fullwidth\" alt=\"Bernat Vicens\" title=\"Bernat Vicens\"\/><\/a><\/p>\n<p>\u201cOur growth strategy is strongly rooted in the<br \/>\nrepositioning of underperforming assets in Spain\u2019s mature vacation<br \/>\ndestinations,\u201d Vicens said. \u201cThat said, our priority when assessing new<br \/>\nopportunities is clear: we only move forward with projects that allow us to<br \/>\ncreate long-term value\u2014for the hotel and the destination. We are selective in<br \/>\nour growth.\u201d<\/p>\n<p>The group\u2019s local knowledge gives it the edge<br \/>\non U.S. companies looking to expand in Spain in the holiday resort market, Vicens<br \/>\nadded.<\/p>\n<p>\u201cManaging beach-oriented leisure hotels,<br \/>\nparticularly in a mature destination like Spain, requires a very specific<br \/>\nexpertise,\u201d he said. \u201cWhile the core principles of hotel management remain<br \/>\ncommon, vacation hotel management differs from urban or business hotels. Guest<br \/>\nbehavior, expectations, seasonality and spending patterns demand a tailored<br \/>\napproach.<\/p>\n<p>\u201cMany large U.S.-based or publicly traded<br \/>\ncompanies rely on strong brand architecture but often lack the operational<br \/>\nexperience and commercial strategies needed to succeed in this niche. Our<br \/>\nstrength lies there.\u201d<\/p>\n<p>Vicens added that the Fergus Group model is<br \/>\nflexible and adapts to the ownership structure of each asset, noting that some<br \/>\nof the hotels are owned.<\/p>\n<p>\u201cWe collaborate with a diverse range of<br \/>\nowners, from small family-run businesses to international investment funds and<br \/>\nother hospitality groups, who all share the objective of maximizing asset value,\u201d<br \/>\nVicens said.<\/p>\n<p>The lineup<\/p>\n<p>The Fergus Hotels brand includes 4- and 5-star<br \/>\nproperties across Spain\u2019s top coastal destinations. The brand operates three<br \/>\ndistinct sub-segments: Fergus Club, aimed at all-inclusive, activity-rich,<br \/>\nfamily-oriented travel; the lifestyle-oriented Fergus Hotels; and the premium,<br \/>\nadult-oriented Fergus Style.<\/p>\n<p><a href=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/HIT\/uploadedImages\/Articles\/News_Articles\/Development\/Brands\/Doble%20Vista%20Mar%20con%20Terraza%20y%20Jacuzzi.jpg?tr=w-1024%2Cfo-auto\" data-fancybox=\"\" title=\"Sea View Suite at the Fergus Style Palmanova, Spain\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/Doble Vista Mar con Terraza y Jacuzzi.jpg\" class=\"img-responsive img-fullwidth\" alt=\"Sea View Suite at the Fergus Style Palmanova, Spain\" title=\"Sea View Suite at the Fergus Style Palmanova, Spain\"\/><\/a><\/p>\n<p>Sea View Suite at the Fergus Style Palmanova, Spain<\/p>\n<p>In 2020, the company launched tent Hotels,<br \/>\ntargeting the mid-range to premium market segment, and Gen Y and Z travelers,<br \/>\nwith a modern and flexible approach.<\/p>\n<p>\u201cTent Hotels is a trailblazer in the B&amp;UB<br \/>\n(Bed &amp; Unlimited Brunch) category,\u201d Vicens said. \u201cThese properties are<br \/>\ntailored for travelers seeking flexibility and immersion in the local<br \/>\ndestination.\u201d<\/p>\n<p>Affiliated by Fergus targets independent<br \/>\nhotels that wish to retain their identity while benefiting from Fergus Group\u2019s<br \/>\noperational and commercial expertise.<\/p>\n<p>Vicens said that as a third-party management<br \/>\ncompany, its strategy is to add value to both the holding company and its<br \/>\npartners. \u201cWe choose hotels that are not at the level of performance that they<br \/>\ncould be and, through a change in management and reinvestment, take them to<br \/>\nanother category.<\/p>\n<p>\u201cOur GOP delivery strategy is rooted in a<br \/>\ncombined formula of efficiency and a consumer value-driven model. We focus on<br \/>\nunlocking underutilized potential in assets through targeted repositioning,<br \/>\nlean operational structures and a tailor-made, asset-by-asset commercial<br \/>\nstrategy.\u201d<\/p>\n<p>This, too, Vicens believes, differentiates the<br \/>\ngroup from larger U.S.-based operators who may standardize performance.<\/p>\n<p>\u201cWe adapt our approach to each<br \/>\nproperty\u2014maximizing owner returns by blending operational flexibility with a<br \/>\ndeep understanding of local requirements, seasonality, and labor dynamics.\u201d<\/p>\n<p>Bottom line<\/p>\n<p>Vicens said the company\u2019s success can be<br \/>\nmeasured by the international companies that have chosen them as a management<br \/>\npartner, such as Grupo Pi\u00f1ero and Grupo de Empresas Matutes (owner of the<br \/>\nPalladium Hotel Group).<\/p>\n<p>To date, the group has invested over \u20ac130<br \/>\nmillion in hotel repositioning projects, \u201calways with a focus on unlocking<br \/>\nlong-term value.\u201d<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ik.imgkit.net\/3vlqs5axxjf\/HIT\/dist\/images\/icon-quote.svg?tr=w-70%2Ch-45%2Cfo-auto\" class=\"img-responsive\" alt=\"Quote\" title=\"Quote\"\/><\/p>\n<p>We expect to close 2025 with a turnover of \u20ac210 million and a GOP of \u20ac90 million, an 88% growth compared to recent years.<\/p>\n<p>Bernat Vinces<\/p>\n<p>Vicens said the group\u2019s profits are soaring<br \/>\nalong with its expanding portfolio and staff.<\/p>\n<p>\u201cWe expect to close 2025 with a turnover of<br \/>\n\u20ac210 million and a GOP of \u20ac90 million, an 88% growth compared to recent years,\u201d<br \/>\nhe said.<\/p>\n<p>This year, Fergus is opening seven new hotels,<br \/>\nincluding the Fergus Style Punta Arab\u00ed in Ibiza, its entry into Menorca with<br \/>\ntwo hotels, two new assets in Catalonia, and the ninth opening for its tent<br \/>\nHotels brand. In 2026, three more hotels in Cala Major, Palma\u2019s coastline, will<br \/>\nbe renovated before reopening under the Fergus, Fergus Style, and tent Hotels<br \/>\nbrands in 2027.<\/p>\n<p>Vicens said the Spanish market continues to<br \/>\ndemonstrate strong fundamentals in both domestic and international travel.<\/p>\n<p>\u201cWe expect continued growth in ADR and RevPAR<br \/>\nin the leisure segment, especially in coastal and island destinations,\u201d he said.<br \/>\n\u201cWith increased interest in quality, authenticity, and year-round experiences,<br \/>\nrepositioned assets are in a strong position to outperform the market.\u201d<\/p>\n<p>Even with the uncertainty of global<br \/>\nmacroeconomic factors, Vicens feels the outlook is positive, particularly for<br \/>\noperators who can adapt quickly and deliver tailored guest experiences.<\/p>\n<p>\u201cEach year, we add value to the sector by<br \/>\nintroducing new repositioning projects that actively contribute to the<br \/>\nevolution of tourism in Spain,\u201d he said.<\/p>\n<p>Vicens gives the example of the \u20ac20 million<br \/>\ninvestments last year in launching three hotels in the Calvi\u00e0 area in<br \/>\nsouthwestern Mallorca: Fergus Club Mallorca Waterpark, tent Calvi\u00e0 Beach, and<br \/>\ntent Mojito Suites.<\/p>\n<p>Closer<br \/>\nto home, overlooking the Bay of Palma, the group is expanding its footprint<br \/>\nwith three new properties set to open in the seaside resort of Cala Major in<br \/>\n2027. Following an extensive repositioning project, the Fergus Style La Cala,<br \/>\nFergus Marivent, and tent Costa Palma will re-emerge with upgraded facilities<br \/>\nand services. <\/p>\n","protected":false},"excerpt":{"rendered":"Expansion in resort markets focuses on revitalizing high-potential assets in mature Spanish destinations. INTERNATIONAL REPORT \u2014 Born out&hellip;\n","protected":false},"author":2,"featured_media":329121,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5312],"tags":[17466,19915,26731,26723,12920,2000,299,18192,26730,26716,388,15909,5642,26720,4728,118447,26717,104,26726,26727,26718],"class_list":{"0":"post-329120","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-spain","8":"tag-asset-management","9":"tag-brands","10":"tag-condo-hotels","11":"tag-debt-and-equity","12":"tag-emea","13":"tag-eu","14":"tag-europe","15":"tag-financing","16":"tag-independents","17":"tag-insights","18":"tag-lifestyle","19":"tag-luxury","20":"tag-management","21":"tag-owners","22":"tag-profile","23":"tag-profile-companies","24":"tag-regions","25":"tag-spain","26":"tag-upper-upscale","27":"tag-upscale","28":"tag-whats-hot-trending"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114995791867177851","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/329120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=329120"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/329120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/329121"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=329120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=329120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=329120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}