Madrid, Spain | Atlético de Madrid Football Club is Looking for an Operator for its Future Hotel

Atlético de Madrid, a renowned professional football club based in the Spanish capital that plays its home games at the stadium Riyadh Air Metropolitano is looking for an operator for its future hotel

The Spanish club has hired Colliers International Group Inc., a Canada - based diversified professional services and investment management company to find a hotel operator to manage the future hotel of the Club that will built next to the stadium located at Avenida de Luis Aragonés, 4 in the Rosas neighbourhood, in the San Blas - Canillejas district, as confirmed to HOSTELTUR.

Although the Madrid City Council still has the proposal in the public exhibition phase, the club has begun the search for the best project for a 4- 5 star themed hotel.

According to El Confidencial, digital newspaper, specializing in economic, financial and political news, six months ago the club presented to the City Council a private initiative to transform the failed project of the Aquatic Center into a theme hotel, linked to the world of sports, music and entertainment.

As explained the newspaper, in this project the football club joined Oak View Group and Live Nation to give life to the Barsento SL company.

The partners not only want a hotel but also to build an auditorium for shows and concerts, and a space for cultural events, which will also need a specialized operator.

This initiative has aroused interest in the hotel sector, although there is still the possibility that the project will not move forward, since the Madrid City Council has the proposal in the public exhibition phase and could receive allegations.

 According to El Confidencial's sources, the tender led by Colliers contemplates that the agreement with the winner future operator will conditional on receiving the approval of the Adminstration.

Atlético de Madrid's intention, they say, is to have chosen the best project when the concession is obtained, which could take between six and eight months, and to start work at the end of this year or early 2026.

Link 

https://www.hosteltur.com/170167_el-atletico-de-madrid-busca-operador-para-su-futuro-hotel.html

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