Europe Hotel Transactions Bulletin - Week Ending 08 February 2019


Europe Hotel Transactions Bulletin - Week Ending 08 February 2019 Colonial sells Tryp Chamartín hotel in Madrid to MeridiaColonial Group, a Spanish investment manager, has sold the Tryp Chamartín Hotel, located north of Madrid's city centre, to investment manager Meridia Capital for €27.5 million (€138,000 per room). The 199-room hotel, which Colonial acquired from Renta Inmobiliaria in 2002 as part of the Centro Norte complex for €100 million, is part of a larger divestment strategy and represents the last asset belonging to the composite to be divested.

Tags: Travel, Europe, Madrid, Meridia Capital, Tryp Chamartín, MeridiaColonial Group, Tryp Chamartín Hotel, Renta Inmobiliaria, Centro Norte

Source:  http://www.hospitalitynet.org/news/154000320/4091899.html