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CBRE Hotels EMEA Tapped Sell Landmark Hotel in Barcelona
May 22, 2012 · 0 Comments
London – 22nd May 2
012- (www.hospitalitybusinessnews.com) Acting on behalf of Barceló Hotels and Resorts, CBRE Hotels EMEA has been appointed to sell the landmark Barceló Raval off an asking price of €40 million. This purpose built hotel is in excellent condition having been constructed in 2008 and offers good critical mass of 186 bedrooms. The hotel occupies an unparalleled location in one of the main tourist districts of central Barcelona.
There is significant trading growth anticipated going forward due to the hotel being recently built and the strength of the Barcelona market. With the strict barriers to entry limiting future competitive hotels this is a unique opportunity in an increasingly fashionable district of central Barcelona.
Offers will be invited for the freehold interest of this landmark hotel with the benefit of a new lease or management contract with Barceló Hotels & Resorts. Barceló Hotels & Resorts is one of the largest international hotel brands with over 43,000 bedrooms comprising 140 hotels in 15 countries.
By erichertha