The CIO group invests millions in a luxury hotel complex in Tenerife￼
The Western Islands Group (CIO), through its brand The Tais Hotels & Villas, announced the development of an exclusive luxury tourist complex, which will include a hotel, an area of high standing villas and a golf course of more than 500,000 m2.
The project will include the study of the architect Norman Foster -Foster & Partners, as well as the golf course design expert Gary Player. It is estimated that more than 100 million euros will be invested.
The CIO project already has the green light from the first administrative procedures. Thus, the plenary session of the City Council of Guía de Isora (Tenerife) has approved the partial plan Maguenes, which constitutes progress for the urban project.
About Maguenes Resort
Maguenes Resort, with an area of more than 850,000 m2, will offer three different types of products, a luxury boutique hotel, a Private Residence Club (PRC) and the Maguenes Residences private villas. It will also have a complete wellness & spa area.
The importance of sustainable development is one of the priorities in the project, therefore, it will be integrated with the existing landscape, organic terraces will be used and the slopes of the land will be used to maximize views and differentiate the various areas of the Resort.
About CIO Group
The Company is a family group that brings together tourism, industrial and service companies with more than 100 years in the market.
CIO began its journey in the tourism sector in 1993, with the inauguration of the Hotel Bahía del Duque. Later, in 2008, they inaugurated Las Villas, which have spaces and services for the exclusive use of their guests. In 2009, the Bahía Wellness Retreat was added to the complex, a unique thalassotherapy center in the Canary Islands due to its facilities.
Source: Brainsre News