Orenes Buys Rest of Gran Casino Extremadura for €6M

6 February 2018 – Infoplay

The Gran Hotel Zurbarán de Badajoz, which houses Casino Extremadura, is changing hands once again three years after it was acquired by the Extremeñan bullfighter Miguel Ángel Perera (who is from Puebla del Prior and who now lives in Olivenza) and his partner Miguel Moreno, son of Gregorio Moreno Pidal. They have just sold the property to a group of businessmen from the hotel sector with a strong and consolidated presence in Badajoz. According to sources close to the operation, the new owners are the company Orenes, José Luis Iniesta, from the company that owns the Río de Badajoz Hotel Complex, and a third partner based in Madrid.

La Crónica de Badajoz newspaper reported a figure of €6 million changing hands and added that Orenes and Río were until now owners of the facilities of the Gran Casino Extremadura, for which they obtained the concession to operate from the Junta de Extremadura, as the owners of the only five-star hotel in the city, managed by NH. It just so happens that José Luis Iniesta, a businessman in the hotel and farm sectors and owner of Hotel Río – which is currently linked to the hotel room management company Mercure – has divested his shares in the Gran Casino company.

The businessman has sold his shares to his partner Orenes, for a figure of around €6 million. In this way, Orenes now owns 100% of that company, whilst Iniesta holds 100% of Río, according to the same sources.

The Gran Hotel Zurbarán sale operation was carried out by private contract on 27 December 2017 but has not yet been notarised as it is pending approval from the competition authorities. In this way, Orenes and Iniesta hold onto 80% of the ownership of the Gran Hotel.

Original story: Infoplay 

Translation: Carmel Drake

Globalvia’s BeLive to Operate Its First City Hotel

5/11/2014 – Cinco Días 

A hotel chain belonging to the Globalvia group places a bet on the urban segment. From 2015 on, BeLive will operate the Hotel Santo Domingo, until now managed by Mercure, owned by French group Accor. The establishment will be renamed the BeLive City Center Madrid Santo Domingo.

BeLive already operates in two other establishments in Madrid, one nearby the airport and the other in Talavera de la Reina, a town in the south-west of the capital. The chain’s CEO Javier Blanco assured the new hotel is an important step for the chain as it will be a unit fully defined as a city one.

The operation is a part of the brand’s extension plan, including both transit and resort hotels.

Currently, BeLive has got 31 hotels scattered around Spain, Portugal, Morocco, Cuba and the Dominican Republic, totalling at 9.000 keys.

The previous manager of the Hotel Santo Domingo (pictured), Accor and its Mercure, announced an intention of moving to the Hotel Lope de Vega, Madrid, a four-star establishment held by the Perez Gil family which from December will be known as the Mercure Madrid Centro.

Globalvia has also named a new CEO for its Halcon Viajes and Viajes Ecuador, Jose Maria Hoyos.

 

Original article: Cinco Días (by L. Salces)

Translation: AURA REE