Tag: Morocco

Inveravante’s Subsidiary Avantespacia is Building More than 2,800 Homes

19 March 2019 – Eje Prime

Avantespacia, the real estate subsidiary of Inveravante, the company chaired by the businessman Manuel Jove, is going to build more than 2,800 homes over the next few years across 19 developments in Spain and Morocco.

In Spain, the company already has 17 projects underway comprising more than 1,700 homes. The developments are located in six autonomous regions: Madrid, Andalucía, Cataluña, Galicia, Navarra and the Canary Islands.

In Morocco, the A Coruña-based company is marketing two tourist complexes in Casablanca and Tánger comprising 1,144 apartments in total.

Original story: Eje Prime (by Roger Arnau)

Translation: Carmel Drake

Hotusa Incorporates 
More Than 400 Associated Hotels

9 February 2016 – Expansion

Hotusa strengthened its hotel portfolio in 2015 with 403 associated establishments. Out of these, 130 are in Spain and the remaining 273 are spread over 29 countries in Europe, America, Asia and Africa. With these incorporations, the consortium of independent hotels of Hotusa Group totals more than 2,700 associates worldwide. 
Most hotels oncorporated outside Spain are located in Europe. Specifically, 210 establishments in 15 countries. Ahead are Italy and France, with 73 and 68 hotels, respectively. 
The company chaired by Amancio López also had a good growth in North Africa, especially in Morocco, with 11 new associates. Its evolution in Chile is also significant – with 12 new associates, and in the US, where it has added 10 locations. 
Hotusa is the largest tourist group in Catalonia, with a turnover of EUR 744 million in 2014, a figure that includes own hotels, marketing of third parties establishments and the division of tourism services. 
Hotusa has 147 hotels in 17 countries under Eurostars and Exe brands. And also Keytel booking central and Hotelius on-line portal.

Original story: Expansion

Translation: Aura Ree