Turespana Open De Canaria was the final name of a European Tour golf tournament that was held six years out of seven from 1989 to 1995. It was played in the Canary Islands of Spain, usually on Tenerife. Turespana is the Spanish national tourism body, and it sponsored several golf tournaments in the 1980s and 1990s to promote Spain's role as a leading warm weather golf holiday destination in Europe. The event had five different names in six years. The most notable winner was the Spaniard José María Olazábal, who later went on to win the Masters Tournament twice. In sterling terms the prize fund peaked at £353,120 in 1993 before falling to £245,913 in 1995, which was the second smallest on the European Tour that year.