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RESORT UPGRADE €100m Investment For Puerto del Carmen

Monday January 16, 2017

RESORT UPGRADE €100m Investment For Puerto del Carmen

Puerto del Carmen, Lanzarote´s largest tourist resort, is on course to attract over 100 million euros from public and private investors during 2017, as it celebrates 50 years as a popular holiday destination.

According to the local mayor and tourist officials, who unveiled their plans for development last week, the bulk of this investment will comprise spending on new hotel openings and upgrades to existing facilities, as well as infrastructure improvements such as work on the sea front promenade and the re-modelling of the Plaza de Naciones.

Plans for a major 50th anniversary celebration are also in the pipeline, with a major event planned for late summer in the Old Town Plaza harbour area.

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