Transparency Portal

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

• Law 19/2013, of 9 December, on transparency, access to public information and good governance.

Canary Islands

• Law 12/2014 of 26 December, on transparency and access to public information.

• 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

• Law 13/2011, of 23 December, on Tourism in Andalusia.

Aragon

• Legislative Decree 1/2016, of 26 July, of the Government of Aragon, approving the revised text of the Aragon Tourism Act.

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

• Law 7/2011, of 27 October, on Tourism in Galicia.

Community of Madrid

• Law 1/1999, of 12 March, on the Organisation of Tourism in the Community of Madrid.

Murcia Region

• Law 12/2013, of 20 December, on Tourism in the Region of Murcia.

Basque Country

• Law 13/2016, of 28 July, on Tourism.

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