Sale of Hotel Galápagos

On October 4, 2019, PLACIFIC S.A., advised by Carmigniani Pérez Abogados, sold the “Hotel Galápagos” to a main tourism operator, for the development of an ecotourism project, for an undisclosed amount. The hotel, emblematic of the Galapagos Islands, is located by the sea, in Puerto Ayora, Santa Cruz Island, property that borders the Charles Darwin Foundation.

Legal advisors for the sellers:

Carmigniani Pérez Abogados: Pedro M. Pérez (partner), Roxana Aguirre (senior associate) and Alfonso Trujillo (associate).