1982
Incorporation of IFA Hotel & Touristik.
Activity: management of hotels and apartments in Spain.

1984
Entry into the Austrian market in the Kleinwalsertal region.
Purchase of the IFA Hotel Alpenhof Wildental in Mittelberg
Signature of a management contract relating to the Holiday Hotel in Hirschegg

1988
Entry into the Turkish market.
Purchase of a minority holding in the IFA Beach Hotel in Tekirova / Turkish Riviera

1992
Massive increase in activity in Germany.
First involvement as clinic manager.
Majority acquisition of the capital of SBK I Südstrand Burgtiefe Betreuungsgesellschaft mbH & Co., a limited partnership domiciled in Burg auf Fehmarn with participation in the following hotels:
IFA Holiday Centre Südstrand, Burg auf Fehmarn
IFA Holiday Park Rügen, Binz auf Rügen
IFA Holiday Park Usedom, Kölpingsee/Usedom
In addition, acquisition of the participations in the following entities:
Child Rehabilitation Centre in Fehmarn
SBK III Südstrand Burgtiefe Betreuungsgesellschaft mbH & Co.

1993
Development of activities in Germany.
Enlargement of the clinic management activity.
Purchase of the Grand Hotel Graal-Müritz (Baltic Sea), a further property in Binz on the island of Rügen, as well as the Hotel Rennsteigblick in Finsterbergen (Thuringia)
Opening of the Children Rehabilitation Centre Usedom

1994
Expansion of the company portfolio in Germany.
Acquisition of the IFA Holiday Park Hohe Reuth in Schöneck/Vogtland.

1995
First quotation on the Stock Market.
Strengthening of its position as clinic manager.
Quotation on the stock markets of Frankfurt/Main and Dusseldorf in July 1995 under the stock identification number 613120; issuing price: DM 30.00.
Opening of the Bernsteinklinik clinic in Binz on the island of Rügen.

1997
Entry into the Italian market.
Acquisition of the Terme di Galzignano resort comprising four hotels within a total area of 300,000 square metres, close to Abano.

1999
Arrival of new majority shareholder.
The Lopesan Group, by means of its subsidiary Creativ Hotel Buenaventura S.A., acquires a majority shareholding in IFA with 50.1%.

2000
Beginning of the reorganisation of the company portfolio.
Thomas Cook acquires a 40% stake in Creativ Hotel Buenaventura S.A.
Finalisation of the lease of the holiday hotel in Hirschegg/Austria.

2001
Continuation of the reorganisation of the company portfolio.
Sale of the contract/holding in the Beach Hotel in Tekirova, Turkey, measure consistent with the focus on core regions.

2002
Continuation of the reorganisation of the company portfolio.
Sale of the IFA Berg-Hotelgesellschaft mbH, Finsterbergen, owner of the IFA Hotel Rennsteigblick in Finsterbergen.

2003
Entry into the Eastern European market.
Sale of the landed property in Valdelaguila.
Assumption of the management of the IFA Hotel Bellevue on the the Black Sea coast.
With the sale of the landed property inValdelaguila, IFA continues the consistent reorganisation of its portfolio.

2004
Expansion within the Caribbean market
Management of the IFA Beach Resort Nessebar
Sale of the Hotel IFA Lloret on the Costa Brava
Renovation of the Alpenhof Wildental hotel
Purchase of the hotel resort Villas Bávaro, Punta Cana, Dominican Republic, with a capacity of 652 rooms.
IFA assumes the management of the IFA Beach Resort Nessebar, beginning with the Hotels Bay and Mare, with a total capacity of 621 rooms. Enlargement of the resort to 939 rooms in 2005.
Sale of the IFA Hotel Lloret as a measure included in the reorganisation of the portfolio.
The IFA Wellnesshotel Alpenhof Wildental experiences a complete renovation in November and December 2004, including the creation of a large wellness, fitness and health area.

2005
Renovation of the IFA Hotel Faro, Gran Canaria
After nine months of work, the IFA Hotel Faro is completely renovated with the corresponding increase in its value..

2006
Signing of a management contract in relation to the IFA Hafendorf Rheinsberg Resort & Wellness

The IFA Hafendorf Rheinsberg Resort & Wellness will be opened in 2007 in the lake plateau of Mecklenburg, with a hotel capacity of 150 rooms as well as 12 “island-suites”. The number of beds of IFA in Germany now reaches 4,100 in the mid term.