Thomas Cook has signed a franchise agreement with Hotel Sa Torre for the opening of a Casa Cook in Mallorca, Spain. The hotel will be operated by HI Partners, a company owned by The Blackstone Group.
The hotel, which includes a 15th-century windmill and a private Neogothic chapel, will undergo a major refurbishment prior to opening later this year.
Thomas Cook also will open another 20 proprietary hotels this year, including three Casa Cook properties in Ibiza, Spain; Chania, Greece; and El Gouna, Egypt.
"Mallorca remains our most popular holiday destination, and bringing our most important hotel brand to the island is a major step forward for us in continuing to develop a successful hotel division within Thomas Cook," said Enric Noguer, chief of Thomas Cook Hotels & Resorts. "We are excited about the new opportunities that the agreement with HI Partners opens up and we look forward to working with Hi Partners to identify and collaborate on further projects in the coming months."
Thomas Cook Hotels & Resorts is the hotel division of Thomas Cook Group and has nearly 200 hotels across its eight brands with more than 40,000 rooms in 47 destinations. Last year, Thomas Cook secured €40 million for investment in its hotel portfolio across the Mediterranean region.