Pelayo Cortina Koplowitz buys the Es Molí hotel in Deià
The son of Alberto Cortina and Alicia Koplowitz acquires the establishment through his investment firm, Ilanga Capital
PalmPelayo Cortina Koplowitz, the youngest son of Alberto Cortina and Alicia Koplowitz, has acquired the Es Molí hotel in Deià through his investment firm, Ilanga Capital, according to reports. The ConfidentialThe goal is to transform the historic establishment into a "trophy" asset, an industry concept that defines unique properties with high heritage and symbolic value, beyond immediate economic performance. The hotel, with 76 rooms, private villas, tennis courts, a gym, three restaurants, and 15,000 m² of gardens, stands out for its direct access to the sea and its exclusive setting. Cortina's plans involve a repositioning aimed at high-spending international clientele, taking advantage of the limited luxury hotel offerings in Deià and the presence of landmark establishments such as La Residencia, part of the Belmond hotel group. The purchase of Es Molí is part of a hotel strategy marked by diversification and the search for unique assets. Through Ilanga Capital, Cortina already manages Ohai, a chain of accommodations focused on outdoor experiences, combining luxury camping and nature tourism.
Three years ago, Cortina acquired Incosol, the historic hotel in Marbella, with a project to transform it into a tourist complex.of wellness and health. The renovation envisions combining luxury accommodation with clinical and wellness services, including a spa and specialized health treatments, with an investment approaching €150 million. With this initiative, Cortina seeks to recapture Incosol's leading role in European health tourism and reposition it as a high-end international destination.
According to experts, the purchase of Es Molí consolidates a strategy of differentiated and exclusive assets, tailored to different clientele segments, from luxury and wellness tourism to sustainable and experiential tourism. The transaction confirms Cortina's strong interest in investing in trophy assets in Mallorca, where demand for luxury is growing and supply is limited. Its track record demonstrates a clear commitment to diversification based on client profile and location: from accommodations like Ohai, to historic boutique hotels like Es Molí, or resort complexes of wellness like Incosol.