A Luxembourg investment fund has bought the Pullman Barcelona Skipper hotel, situated in the Olympic Port of Barcelona for 90 million euros.
The transaction was closed this week and CBRE Hotels has advised Axa Investment Managers Real Assets, property owners in the sale of the hotel to this fund investment Luxembourg, whose name has not been disclosed.
The hotel, which has five stars and has 241 rooms, four dining areas, a spa and fitness center, will continue to operate under the Pullman brand with a long-term management with Accor Hotels & Resorts, as reported by EFE.
The director of CBRE Hotels Spain, Jorge Ruiz, considers this operation “shows the appetite of international investors for the hotel sector in Barcelona” and that despite the hotel moratorium, the city still has the hotel market “more Spain attractiveness “thanks, among other things, to strong international demand.
In 2015, the volume of hotel investment in Spain increased by 95% over the previous year.