International law firm Bird & Bird has advised Holiday Club Resorts Oy on a long-term spa and resort project in Vierumäki. The much-anticipated Vierumäki hotel, spa and resort project reached a significant milestone when Holiday Club signed contracts for the construction of a spa on the hotel property and announced plans for further resort development in the Vierumäki area. Holiday Club’s partners in the project are the owners of the hotel property, Fennia Mutual Insurance Company and Elo Mutual Pension Insurance Company, and S-Pankki Kiinteistöt Oy, which is responsible for the management of the property and the spa project.
Holiday Club Resorts, one of Finland’s leading tourism operators, has been operating the Vierumäki hotel since 2021. The property has 190 hotel rooms, restaurant services and several event and meeting facilities, among other things. In 2024, the complex will be expanded with a modern, full-service lifestyle spa, which will be Holiday Club’s eighth spa and full-service resort.
Bird & Bird’s lead advisors were Senior Associate Iina Lahtinen and Partner Mikko Rajala. assisted by Partner Iina-Mari Supperi, Associate Joanna Puhto, Partner Ville Alahuhta and Associate Matias Vikström.
Laura Numminen, Head of Legal at Holiday Club, comments: “It was a pleasure to work closely with Senior Associate Iina Lahtinen and Partner Mikko Rajala in this project. We greatly appreciate the expertise and proactive approach of Bird & Bird and both Iina and Mikko have a great ability to understand the business objectives while paying attention to the details.”
