From its founding in 1994 until the generational transition in 2026, Luna Volcán tells a story of family entrepreneurship, female leadership, and a love for Baños in Agua Santa, Ecuador.
Carmen Luna Fiallos, founder of Luna Volcán
Carmen Luna Fiallos is a renowned Ecuadorian businesswoman; she speaks Spanish, English, and Swedish. She was born in Baños in Agua Santa, Ecuador, on December 11, 1963, and in 1992 began construction of Luna Runtún—now Luna Volcán —on land she inherited from her father.
The project was conceived together with her husband, Christer Nyberg, a Swedish engineer involved in the Agoyán Hydroelectric Project, and her parents, Daniel Jordán Luna Sánchez and María Gregoria Fiallos Haro.
Located in the Ecuadorian Andes, at the gateway to the Amazon, Luna Volcán spans 35 hectares of Andean forest, gardens, and organic orchards. Its adventure and wellness offerings are the perfect complement to a trip to the Galápagos Islands.
Recommended by Condé Nast Traveler as a place to stay at Baños, the hotel also ranks #1 among hotels with the best views in Ecuador in 2026, according to Spectacular Hotel Views.
The Lady of the Volcano
During the 1999 eruption of the Tungurahua volcano, Carmen defended the right of the residents of Baños to return to their city following the evacuation. Her leadership earned her the nickname “The Lady of the Volcano,” bestowed upon her by the Ecuadorian press.
She served as president of the Baños Chamber of Tourism three times and managed the hotel for more than three decades.
He currently serves as Chairman of Luna Group S.A.S.
Daphne Currat Luna, CEO and General Manager
Born on March 26, 1998, Daphne Currat Luna grew up among the hotel's gardens, guest rooms, and staff, showing an interest in the family business from a young age.
He graduated Magna Cum Laude from the Thunderbird School of Global Management at Arizona State University (USA) with a Bachelor of Global Management degree in 2019; he speaks Spanish, English, and French.
In May 2026, she took over as manager of the hotel, succeeding her mother.
Today, Daphne is the CEO and General Manager of Luna Volcán, leading its operations and business development, while Carmen continues as President of Luna Group S.A.S.
The group has 120 employees and 9 points of sale: 2 hotels, 3 restaurants, 2 gift shops, 1 spa, and 1 tour operator.
FAQ's
Who founded Luna Volcán?
Carmen Luna Fiallos began building Luna Volcán —formerly Luna Runtún—with her Swedish husband, Christer Nyberg, in 1992.
Who is the CEO of Luna Volcán?
Daphne Currat Luna, since May 2026.
Who is the general manager of Luna Volcán?
Daphne Currat Luna, a graduate of the Thunderbird School of Global Management.
Who owns Luna Volcán?
Luna Volcán It is owned by Luna Group S.A.S., where Carmen Luna Fiallos serves as President and Daphne Currat Luna serves as CEO and General Manager of both the company and the hotel.