Catalonia Hotels & Resorts, a family - run hotel chain founded by the Vallet brothers, headquartered in Barcelona, after the beginning in the real estate estate sector, the business opened its first establishments in 1983, to become one of the largest hotels in the Spanish market, has managed the acquisition of its 29th hotel in Barcelona, second - largest city of Spain with an agreement with Meridia Capital Hospitality, a real estate and investment for a purchase of a four - star hotel in the Catalan capital for €27.7 million.
Cushman & Wakefield, an American global commercial real estate services firm headquartered in Chicago – Illinois has advised the property in the sale of the asset and the closing of this transaction means that Catalonia Hotels & Resorts will add this new property in its portfolio consolidating its position as a leader in the city's hotel sector.
The establishment is the Catalonia Barcelona Beach situated opposite Mar Bella Beach, considered one of the most beautiful beaches on the entire Barcelona coastline. in the Poblenou neighbourhood in the Sant Marti district highlighted by striking examples of interesting industrial buildings such as Can Felipa, home to some of the country's largest technology and audiovisual companies.
The hotel features 84 rooms, some of them with balconies and sea views, a gastrobar, breakfast area, fitness centre, meeting rooms and parking with 29 spaces.
The Director of Development & Asset Management and global head of real estate at Catalonia Hotels & Resorts, Federico Holzmann said that with this incorporation the group once again reaffirms its commitment to the city of Barcelona, as well as to organic growth linked to real estate investment, in an area where the company believes it still has growth potential and above all because it represents a safe long - term value.
The Director of Development & Asset Management added that the extraordinary results obtained by the chain in 2024 allow the group to confidently address the planned expansion plans and it is also opens to exploring other alternative growth models to the purchase of assets, such as leases, or management contracts, including cross - alliances of co - investment in the real estate asset and management of the operation.
Catalonia Hotels & Resorts stands out as one of the chains with the highest profitability in the Spanish market, with one of the best EBITDA ratios in the sector.
The chain has historically focused on the purchase of assets and owns more than 90% of its establishments, which gives in great stability and solvency and it has a firm strategy of sustainable growth, diversification of the offer, as well as a commitment to consolidate its representation in strategic destinations.
In addition to this new incorporation in Barcelona in the urban segment, Catalonia Hotels & Resorts planned to open a hotel in Madrid, the Catalonia Plaza España Hotel & Spa, a 4 - star accommodation with an excellent location in the city centre, will place the chain's offer in the Spanish capital in eight establishments with nearly 900 rooms, the hotel will also have an impressive rooftop with bar, swimming pool and panoramic views, dining options and a wellness area with more than 340 square metres.
Another future opening will be in Andalusia with the Catalonia Puerta del Mar, a four-star hotel located in a historic building in the heart of Malaga, establishing an offer of nearly 200 rooms in the Costa del Sol capital in just one year.
At the end of the year, Catalonia Grand Zanzibar All Suites & Spa will be inaugurated, a five-star hotel that will mark the chain's first foray in Africa and it will be the second Catalonia Grand following Costa Mujeres in Mexico.
Both establishments stand out in the most exclusive segments of the market, in demanded destinations, offering memorable and unique experiences and also an exceptional level of quality.
This very captivating project in the African continent aims to position the resort as a benchmark in the destination, with first – class facilities and a wide, innovative and carefully prepared gastronomic offer.
Link - https://www.expreso.info/noticias/hoteles/104968_catalonia_adquiere_su_hotel_numero_29_en_barcelona
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