Business Project Development
We enjoy undertaking new projects and involving ourselves in day-to-day operations, and for this reason we directly manage a good portion of our holdings. Interest in geographic areas with potential for social and economic growth have led Grupo Timón to personally develop various projects in the real estate and luxury tourism industries.
Abama
Resort
We are committed to the development of the luxury tourism industry in Tenerife, an island that today competes with the most exclusive destinations in the world. The “best kept secret in Europe,” Abama Resort is the perfect symbol of the corporate vision of Grupo Timón in the Canary Islands. This exclusive residential community is located in one of the most beautiful enclaves in Tenerife. It has become one of the largest economic drivers in the area and the first major luxury business venture to focus on social and environmental sustainability.
MyWay
Hotels & Resorts
Having been the proprietors of two of the most iconic hotels in Tenerife, the Hotel Jardín Tropical and the Ritz-Carlton Abama Hotel, our experience in the development of tourism and residential destinations has organically led us into hotel management. MyWay Hotels & Resorts is a luxury hotel services operator working in iconic establishments in the Canary Islands.
MyWay
Hotels & Resorts
Having been the proprietors of two of the most iconic hotels in Tenerife, the Hotel Jardín Tropical and the Ritz-Carlton Abama Hotel, our experience in the development of tourism and residential destinations has organically led us into hotel management. MyWay Hotels & Resorts is a luxury hotel services operator working in iconic establishments in the Canary Islands.
Gran Hotel
Taoro
Grupo Timón’s special involvement in the economic development of the Canary Islands and our efforts to participate in the cultivation of quality tourism in Tenerife led us, in 2023, to take on the redevelopment and operation of the iconic 5-star Gran Hotel Taoro. It will reopen its doors in 2025 with 199 rooms and three restaurants. We are passionate about this opportunity to fuse our business vision with our experience managing the area’s finest hotels.
