Spain's Hotasa Hoteles, part of the Nueva Rumasa Group, said it has bought two hotels in the Canary island of La Palma for an undisclosed amount. The four-star hotel sites are the Hotel Taburiente Playa with 293 rooms and the Costa Salinas hotel with 140 rooms. The seller was H10 Hoteles, which bought the properties in 2000.

Spain's Hotasa Hoteles, part of the Nueva Rumasa Group, said it has bought two hotels in the Canary island of La Palma for an undisclosed amount. The four-star hotel sites are the Hotel Taburiente Playa with 293 rooms and the Costa Salinas hotel with 140 rooms. The seller was H10 Hoteles, which bought the properties in 2000.