CapMan Hotels II and Holiday Club Resorts have signed a 20-year lease to refurbish and redevelop Holiday Club Oulu Eden into a premier hotel and spa destination in Oulu, Finland.

Target Information

CapMan Hotels II, managed by CapMan Real Estate, has entered into a 20-year lease agreement with Holiday Club Resorts for the Holiday Club Oulu Eden facility. This partnership aims to initiate an extensive refurbishment and redevelopment project to revitalize Oulu Eden into a thriving hotel, spa, and conference center. The objective is to transform it into an alluring destination catering to both leisure and business travelers.

The redevelopment project will fully renew the hotel’s experience spa, sauna world, accommodation, and restaurant concepts. The intention is to enhance the overall service offerings to satisfy the needs of leisure guests and corporate clients alike. The renovations will take place in phases, with completion anticipated in the first half of 2027, after which the property will reopen as a fully transformed Holiday Club spa hotel.

Industry Overview in Finland

Finland's leisure and hospitality sector has been undergoing rapid transformation, with a growing focus on providing enriched experiences for both local and international visitors. Key travel destinations, particularly the coastal areas, have witnessed a