Hotel chain in Spain.


  • Asking Price: $314,048,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214919
  • Established: Not Disclosed
  • Employees:

Business Description

13 hotels of category 3 and 4 stars. The total number of rooms is more than 2 100. The Balearic Islands are an archipelago in Spain in the West of the Mediterranean sea, near the Eastern shore of the Iberian Peninsula. The four largest Islands are Mallorca, Menorca, Ibiza and Formentera. The archipelago is an Autonomous community and province of Spain with its capital in Palma de Mallorca. Most hotels are close to beaches and bays. The cost of all 13 hotels - 280 000 000 euros. Company for sale. There is no statement. The average annual occupancy is more than 80 %. The documents are ready to deal. Additional information is available upon request and upon signature by the buyer of L. O. I.

Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Spain

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $314,048,000
Seller Financing Available: No

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Business Listed By:

Dmitry Ivanov

Nord Investment