215
215
  • Transaction / Assets
    Hotel Eurostars Asta Regia
  • Seller
    Banco Sabadell
  • Buyer
    Hotusa
  • € MM

Hotusa Buys Hotel In Jerez From Banco Sabadell

14 November 2017 – Eje Prime

The Hotusa Group remains firmly committed to Andalucía. In Jerez de la Frontera (Cádiz), the hotel chain has acquired the Hotel Eurostars Asta Regia, owned until now by Banco Sabadell.

The establishment has 31 rooms, a sauna, Turkish bath, gym and a rooftop swimming pool, as well as two meeting rooms. This investment, the amount of which has not been disclosed, strengthens Hotusa’s expansion plans in Andalucía; it now owns 24 establishments in the autonomous region.

Overall, the Spanish group’s total asset portfolio contains 175 hotels, spread over 17 countries, which generate an annual turnover of more than €1,000 million.

Original story: Eje Prime

Translation: Carmel Drake