Coral Hotels & Resorts and Globalia Hotels & Resorts announced a strategic alliance that will expand the lodging facilities for guests and add value to services offered. Globalia will introduce the Coral brand in new markets through its sales organization and distribution systems throughout Europe. Globalia, a Spanish conglomerate, owns the airline Air Europa, a chain of travel agencies, an outbound tour operator, ground handling companies, and hotels among other investments in tourism. Coral Hotels & Resorts has developed four all-inclusive beach resorts and other vacation related ventures in the Dominican Republic.