Two hotel positions only if both routes reach consolidable operation.
SUN ROCK · AWESWELL LIMITED · STABILISED MANAGEMENT SCENARIO
A €150m-class hospitality platform in the making.
The strategic direction combines a new high-quality Playa Blanca hotel position with the separately pursued recovery of the existing Sun Park / MYND Yaiza economic perimeter. Only if both routes ultimately reach lawful, stabilised operation can the operating scale be considered together.
Potential scale
An illustrative range, not a promise
The figures are illustrative stabilised management scenarios, not forecasts, audited accounts, current NAV, a current statutory balance sheet, committed financing or guaranteed performance. The approximately 300-unit new-hotel assumption is modelling only, not a present planning entitlement. Unresolved claims, damages and fruits are outside the base case and are not present collateral.
Illustrative annual range; not current accounts.
Before interest, depreciation, tax or recoveries.
Indicative future range; not current NAV or valuation.
- Aweswell Limited as UK HoldCo / Sponsor.
- Sun Rock as the hospitality and investment platform.
- Montaña Roja as the preferred current route in active execution.
- Sun Park / MYND Yaiza as a separate recovery route, not a currently controlled P&L.
- Transaction perimeter, rights and applicable approvals.
- Programme, capex, operator, financing and effective security.
- Valuation and leverage for each ProjectCo.
- Lawful consolidation capacity for Sun Park if recovery succeeds.
Stabilised cases
Order of magnitude for institutional planning
Central case: approximately €49m revenue, €14.5m operating EBITDA and €165m indicative gross hotel assets.
| Measure | Conservative | Central | Strong |
|---|---|---|---|
| Annual revenue | €40m | €49m | €58m |
| EBITDA | €10m | €14.5m | €18m |
| Indicative gross hotel assets | €125m | €165m | €200m |
The figures are illustrative stabilised management scenarios, not forecasts, audited accounts, current NAV, a current statutory balance sheet, committed financing or guaranteed performance. The approximately 300-unit new-hotel assumption is modelling only, not a present planning entitlement. Unresolved claims, damages and fruits are outside the base case and are not present collateral.