ADH HOTELS RESORTS EXPANDS ITS PORTFOLIO
ADH HOTELS & RESORTS EXPANDS ITS PORTFOLIO WITH THE ACQUISITION OF THREE NEW HOTELS IN SPAIN
LOCATED ON THE MEDITERRANEAN COAST, ADH HOTELS & RESORTS STRENGTHENS ITS PRESENCE IN THE BALEARIC ISLANDS AND ADDS MALAGA TO ITS NETWORK OF DESTINATIONS
Madrid, February 2020.- Adh Hotels & Resorts announces the acquisition of three new hotels in Spain. Through this acquisition, the international multi-brand hotel management company adds 1,264 new rooms, strengthens its presence in the Balearic Islands, and adds the Costa del Sol to its network of destinations.
Maritim Galatzó in Majorca, Sirenis Cala Llonga in Ibiza, and Sol House Costa del Sol in Malaga are the latest hotels to be included in the Adh Hotels & Resorts portfolio.
Maritim Galatzó is a prime 4-star hotel located on Majorca’s Costa de la Calma. It features 215 rooms, suites, and apartment-suites, in addition to a full range of gastronomic, wellness, and sporting options, with spectacular sea views in a unique setting to enjoy a round of golf.
Sirenis Cala Llonga is a family resort with 677 rooms and suites located on the seafront in one of Ibiza’s most pristine, natural areas, with direct connections from the beach to the island of Formentera.
Sol House Costa del Sol is a 4-star holiday hotel located 300 metres from the famous Carihuela beach in Torremolinos. It features 372 suites and junior suites, in addition to first-rate facilities, including five pools overlooking the sea.
In other news, the hotel platform operated by Apollo Global Management successfully closed the sale of its two assets on the Huelva coast after completing the process of repositioning both hotels that began in 2015. With the sale, Adh Hotels & Resorts decouples from TUI Family Life Islantilla, an all-inclusive family resort with 480 rooms, and Adh Isla Cristina, an ‘Adults Only’ establishment with 148 rooms.
With a business model based on the profitability of hotel management and showcasing the value of real estate assets, Adh Hotels & Resorts establishes strategic alliances with internationally renowned hotel brands and tourist groups. The company currently operates five hotels and tourist resorts in four Spanish destinations: Ibiza, Malaga, Majorca and Murcia.
More information: www.adhhotels.com