The hotel has 297 rooms on five floors, including five junior suites and three suites. Each room has a bathroom with hair dryer, telephone, air conditioning, radio, satellite television, mini bar and safety deposit box. The hotel also has rooms for the disabled as well as non smoking rooms. Palace rooms include such services as the daily press, bathrobes, cava and fruit served on arrival, bed turned down in the evening, late check-out at 16.00 hours as well as tea and coffee making facilities. All rooms have views of the islands of Fuerteventura and Lobos.

The Timanfaya Palace hotel offers various restaurants and different bars: the main restaurant serves breakfast and dinner buffets with show cooking, 'La Choza' restaurant has a lunch service outside on the terrace and salad buffet, the 'Montaña Roja' ball room dance hall has live music and a discotheque with professional live entertainment, the 'Tahiche' piano bar has a cocktail menu and live music and the 'Coco-Loco' tropical bar has a terrace over the waters of the swimming pool. This H10 hotel has two swimming pools, one of which is heated in winter, children's pool, sun terraces with sun beds, parasols and towel service, open-air jacuzzi, tennis and mini-golf. There is a day and night entertainment programme offered. The hotel also features five lifts, two of which have panoramic views, card room, table tennis room, a convention hall for 350 people, hairdressers and cosmetic lounge, gym and sauna, library/book shop and laundry. Sports facilities include a tennis court, mini golf, archery and shooting.