Institutional information
Grupo Inversor Hesperia, S.A. (hereinafter, “GIHSA”), a Spanish company, holder of tax identification number A-61.351.540, with registered offices at 08907 L’Hospitalet de Llobregat (Barcelona), Av. Mare de Déu de Bellvitge, 3 and created on 14 March 1997, is the parent company of the Hesperia Group.
Although GIHSA was established in 1997, the Hesperia Group’s beginnings in the hotel sector date back to the 1970s as a chain managing holiday hotels, taking the decision a few years later to expand the business to the most representative cities in Spain, thus also establishing itself in the urban sector.
Currently, the Hesperia Group manages 22 hotel establishments in Spain, 17 of which are urban and 5 are holiday establishments. It also has an urban establishment in the Principality of Andorra. The aim of the Hesperia Group has always been to offer its clients those services that can best satisfy their needs regardless of their preferences and/or profiles, based on excellence and commitment. This will and the Hesperia Group’s tireless efforts to satisfy the wishes of its customers has led it to integrate various prestigious brands in the world of hospitality (Hesperia, Hyatt Regency, Hyatt Residences, Secrets, Dreams and La Manga Club).
It should be noted that GIHSA has recently obtained UNE 19601 and UNE 19602 certifications for the criminal and tax compliance management systems, respectively, and that, as a result of this system, it has implemented the anti-corruption policy attached below: 2023 11 15_Anti-corruption policy (signed)
Company information:
- Share capital: (43,522,783.70) divided and represented by 7,376,743 ordinary, registered shares of a single series with a par value of 5.90 euros each, numbered sequentially from 1 to 7,376,743, both inclusive, fully subscribed and paid up.
- Corporate purpose: “constructions, purchases, developments, leasings (excluding financial leasings), real estate operations, installations and businesses related to the hotel and catering industry, as well as the provision of technical-hotel services to third parties and real estate business in general.”
- Governing Body: Board of Directors composed of:
- President: Eurofondo, S.A. duly represented by Mr. José Antonio Castro Sousa.
- Managing Director: Mr Jorge Ferrer Graupera.
- Member of the Board: Jose Antonio Linati de Puig.
- Non-Director Secretary: Ms Isabel Labat Devesa.
- Articles of Association: EESS GIHSA
Applicable legislation:
- Commercial companies
Without prejudice to the rest of the legal rules and precepts that apply to trading companies in general, GIHSA is governed, principally, by:
- Spanish Constitution.
- Royal Legislative Decree 1/2010, of 2 July, approving the revised text of the Capital Companies Act.
- Royal Legislative Decree 8/2015, of 30 October, approving the revised text of the General Social Security Act.
- Law 27/2014, of 27 November, on Corporate Income Tax.
- Law 37/1992, of 28 December, on Value Added Tax.
- Royal Decree 1514/2007, of 16 November, approving the General Accounting Plan.
- Royal Decree 1619/2012, of 30 November, approving the Regulation regulating billing obligations.
- Law 38/2003, of 17 November, on General Grants.
- Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data and repealing Directive 95/46/EC (General Data Protection Regulation).
- Organic Law 3/2018, of 5 December, on the Protection of Personal Data and Guarantee of Digital Rights.
- Transparency
State
Canary Islands
- Tourism and hospitality
Likewise, without prejudice to the fact that there are other regulations and legal precepts in the field of tourism and hospitality that are also applicable to the activities carried out by the Hesperia Group, the main ones are as follows:
State
- Order of 19 July 1968 laying down rules on the classification of hotel establishments.
- Royal Decree 2199/1976, of 10 August, on customer complaints in the establishments of tourist companies.
Andalusia
Aragon
Balearic Islands
- Law 8/2012, of 19 July, on Tourism in the Balearic Islands.
- Decree-Law 1/2020 of 17 January against excessive tourism for the improvement of quality in tourist areas.
- Law 2/2016, of 30 March, on the tax on tourist stays in the Balearic Islands and measures to promote sustainable tourism.
Canary Islands
- Law 7/1995, of 6 April 1995, on the Organisation of Tourism in the Canary Islands.
- Law 2/2013, of 29 May, on the renovation and modernisation of tourism in the Canary Islands.
Catalonia
- Law 13/2002, of 21 June, on tourism in Catalonia.
- Law 5/2017 of 28 March on fiscal, administrative, financial and public sector measures and on the creation and regulation of taxes on large commercial establishments, on stays in tourist establishments, on radiotoxic elements, on packaged sugar-sweetened beverages and on carbon dioxide emissions.
Galicia
Community of Madrid
Murcia Region
Basque Country
Update date: July 2024
Organisation
Grupo Hesperia, headed by GIHSA, as its parent company, and Hesperia World, S.L.U., a Spanish company, holder of tax identification number B-67.301.242, with registered offices in L’Hospitalet de Llobregat (Barcelona), Av. Mare de Déu de Bellvitge, 3, as the group’s management company, seeks to give the best route to each of its assets, exploiting them under the brand that can best fulfil this objective (namely Hesperia, Grand Hyatt, Hyatt Regency, Hyatt Residences, Secrets, Dreams).
Likewise, in order to provide the best answers to each of the questions that arise in the day-to-day running of a hotel company, the Hesperia Group is organised as indicated below:
- Institutional organisational chart
-
- Profile and career
- Mr. José Antonio Castro Sousa:
Mr Castro began his professional career at the head of his family business Construcciones Castro, a construction company with decades of experience in Catalonia, Galicia and the Canary Islands. He continues to be Chairman of the Board of Directors of Construcciones José Castro, S.A., dedicated to the development and construction of housing, commercial and office premises.
He is also a member of the board of directors of GIHSA, some of its subsidiaries and other third party companies, holding positions such as Chairman of the Board of Directors of Metropolitan Spain, S.L., a company that manages and operates more than 20 luxury gyms throughout Spain.
- Mr Jordi Ferrer Graupera:
Mr Ferrer has more than 25 years of international experience in the hospitality and tourism business (hotels, shopping centres, residential developments, resorts and commercial spaces) gained through his participation in entrepreneurial projects and international advisory roles.
He has also been a partner in leading global professional services firms such as Deloitte and CEO of his own international tourism business consulting firm as part of a joint venture with Indra.
He has also held positions as Director of Urbanova and Intursa (Breca Group), the Board of the Urban Land Institute (U.L.I. Barcelona) and the AULA ESADE Business School for Tourism and Global Hospitality Innovation. Currently, he also acts as Secretary of the Board of the Gremi d’Hotels de Barcelona and holds the position of member of Exceltur, representing Grupo Hesperia.
He has also been invited to serve as a keynote speaker or panelist at industry forums, including the International Hotel Investment Forum, the European Hotel and Real Estate Urban Land Institute Council and the European and Arabian Hotel Investment Forum.
Mr Ferrer graduated from Ramon Llull University with a degree in Business Administration and completed a BA and MBA from ESADE Business School and a PDD from IESE Business School in Barcelona.
- Mr Víctor Pérez Ruiz:
Mr Pérez graduated from the University of Barcelona with a degree in Economics and an MBA from ESADE Business School.
He was Chief Financial Officer of Hoteles Hesperia, S.A. for ten years, being responsible for the Administration and Finance department as a member of the Management Committee. He has also participated in several projects, such as the disaffiliation of the Hesperia Group from the NH Hotels Group.
In addition, he has been Chief Financial Officer of the Hesperia Group since 2010.
- Mr Gonzalo Alcaraz Zaragoza:
Mr Alcaraz has more than 25 years of experience in the hotel business, where he has held positions ranging from operational and commercial management to strategic positions in the corporate area.
His professional career has included important positions in companies such as Meliá and NH, always with an international focus that has allowed him to accumulate extensive knowledge of various markets, both in Europe and Latin America and the United States.
He has been linked to the Hesperia Group for 13 years and in 2020 he was appointed General Business Director after leading the company’s holiday hotel division since 2018.
He also has an extensive educational background, including, among others, a senior management programme at IESE Business School.
- Functional organisational chart
Update date: July 2024
Economic and Financial Information
GIHSA and all the subsidiaries that make up the Hesperia Group comply with their obligation to file their annual accounts (and the corresponding audit reports, where applicable) with the relevant Mercantile Register.
- GIHSA 2021 Annual Accounts and GIHSA 2021 Audit Report
- GIHSA 2022 Annual Accounts and GIHSA 2022 Audit Report
Update date: July 2024
Contracts and agreements
The Hesperia Group has not entered into any agreements or contracts with the Public Administration during the years 2022 and 2023.
Update date: July 2024.
Grants and Subsidies
The aid and subsidies received by GIHSA are:
Amount (€): 471,276
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 700,000
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 630,000
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 7,000,000
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 2,500,000
- Purpose: Loan.
- Granting public administration: Institut Català de Finances (ICF).
Amount (€): 3,500,000
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 157,200
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 5,000,000
- Purpose: Grant and provision of money without consideration.
- Granting public administration: Consejería de Economía, Conocimiento y Empleo de las Islas Canarias (Regional Ministry of Economy, Knowledge and Employment of the Canary Islands).
Amount (€): 26,950,000
- Purpose: Loan.
- Granting public administration: Ministry of Finance and Public Administration. Sociedad Estatal de Participaciones Industriales.
Amount (€): 28,050,000
- Purpose: Loan.
- Granting public administration: Ministry of Finance and Public Administration. Sociedad Estatal de Participaciones Industriales.
The aid and subsidies received by the rest of the Hesperia Group companies are as follows:
Desjust, S.L.U.
Amount (€): 1,505,000
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 11,008.54
- Purpose: Grant and provision of money without consideration.
- Granting public administration: City Council of L’Hospitalet de Llobregat.
Amount (€): 1,997.99
- Purpose: Grant and provision of money without consideration.
- Granting public administration: City Council of L’Hospitalet de Llobregat.
Infond, S.A.
Amount (€): 2,334,954.70
- Purpose: Grant and provision of money without consideration.
- Granting public administration: Ministry of Finance and Public Administration. Directorate-General for European Funds.
Amount (€): 158,894.79
- Purpose: Grant and provision of money without consideration.
- Granting public administration: Department of Tourism, Industry and Trade of the Canary Islands.
- Bercuma, S.L.
Amount (€): 1,191,505.59
- Purpose: Tax advantage.
- Granting public administration: Ministry of Finance and Public Administration. State Agency for Tax Administration
Amount (€): 1,471,822.61
- Purpose: Tax advantage.
- Granting public administration: Ministry of Finance and Public Administration. State Agency for Tax Administration
Amount (€): 124,359.30
- Purpose: Grant and provision of money without consideration.
- Granting public administration: Department of Tourism, Industry and Trade of the Canary Islands.
- Hotelera Paseo de Gracia, S.A.U.
Amount (€): 1,500
- Purpose: Grant and provision of money without consideration.
- Granting public administration: Bilbao City Council.
- Hotelera del Tormes, S.A.
Amount (€): 377,290.43
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
Amount (€): 80,000
- Purpose: Warranty.
- Granting public administration: Ministry of Economic Affairs and Digital Transformation. Official Credit Institute.
- Hotelera Salvatierra, S.A.U.
Amount (€): 1,500
- Purpose: Grant and provision of money without consideration.
- Granting public administration: Bilbao City Council.
