Sabadell Awarded Hotel Barceló Cervantes In Oviedo

26 October 2015 – Expansión

Banco Sabadell has just been awarded the Hotel Barceló Cervantes, in Oviedo (Asturias) in exchange for debt it was owed. The hotel used to belong to an individual and has now been transferred to HI Partners, which is continuing to rapidly grow its portfolio of hotel assets.

The hotel in the Asturian capital has 72 rooms and a 5-star rating, and will continue to be managed by Barceló. It is located in the city centre, in a building that was used as a large luxury home at the beginning of the twentieth century; two glass-fronted wings were subsequently added to the property (see picture above). It has a restaurant, bar and 12 meeting rooms with capacity for more than 300 people.

HI Partners’ hotel portfolio includes another hotel managed by Barceló, namely the Barceló Estepona Thalasso, a 4-star establishment located on the coast of Malaga.

One of the other key assets owned by Banco Sabadell’s manager is Hotel Prestige Coral Playa, located in Roses (Girona) with 167 rooms. HI Partners also owns hotels in Huesca, Tarragona, Navarra, Tenerife, Cádiz, Almería, Valencia and Barcelona, where it was recently awarded one of Husa’s properties.

Original story: Expansión

Translation: Carmel Drake