The french group eurohotel buys the solvasa barcelona
The French hotel group Eurohotel has acquired the Hotel Solvasa Barcelona, becoming its second establishment in the city, an operation that is part of the process of expansion of the chain of.
Hotel becomes Eurohotel Barcelona Granvia Fira and has 116 rooms, restaurant, snack Bar, gym, heated swimming pool and spa. It has 4 star category and is located at the entrance of the fair 2.
Eurohotel sources have told this newspaper that chain is planning to operate all the services of the hotel since so far the wellness area and gym were not operating. It will also expand the gastronomic offer and enhance the segment corporate and meetings.
With this acquisition Eurohotel has 231 rooms in Barcelona in two important areas of business centre Convenciones Internacional de Barcelona and Granvia 2 Ferial enclosure. The chain is based in Paris.
Hotels in the group are Eurohotel Castello in CastellÃ³n, a 4 star hotel with 146 rooms; the Eurohotel Barcelona Diagonal Port in Barcelona, a 4 star with 115 rooms; and Eurohotel Orly, Eurohotel Saint Denis and Creteil Eurohotel three located in Paris and 3-star, with a total of 320 rooms.
For its part, Solvasa hotels has establishments in Baleares, Canary and Valencia.
The transaction was advised by Horwath HTL and by GMA Advisors, specializing in hotel transactions brokerage firm. According to sources of Horwath HTL, “Barcelona is on the agenda of all investors and international operators who have firmly decided to be present in the destination. Operations such as the of the W Barcelona, which was advised from the initico by Horwath HTL, have represented the final bet of the sector for the city of Barcelona”.
according to the company, in 2014 18% of transactions in operating hotels arrive in Barcelona, along with 182 milloens euros for restructuring hotel properties and large portfolio of debt transactions.