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New properties for sale in our hotel assets portfolio

29, Sep, 2016

By Borja Prim

The hotel factory has received various information about hotel assets for sale, so to make the most out of the boom that the hotel transaction market is experiencing, we have decided to update our website with all of the blind profiles of the hotels that we have received, with the purpose of collaborating and intermediating in the sale of these hotel assets.

During this present year 2016 multiple hotel transactions have taken place in Mallorca, the most recent ones are:

  • Allsun purchased a hotel that had been operated up to the date by Vincci hotels,  Vincci Bosc del Mar (4*, 236 rooms) in Cala Ratjada (Source: Alimarket)

  • Debut of Hoteles Elba in Mallorca: acquired Torrenova hotel (3*, 199 rooms) in Palmanova (Source: Preferente)

  • OnaHotels added the Mar-Bell hotel (3*, 90 rooms) in Puerto de Sóller to its portfolio (Source: Preferente)

  • Schauinsland-Reisen buys its first hotel in Mallorca. Bahía Cala Ratjada (4*, 119 rooms) (Source: Hosteltur)

  • MLL Hotels purchased Hotel Europa (2*, 140 rooms) in El Arenal. (Source: MLL Hotels)

So far in 2016, the following have been the most notorious investors:

  • Alltours (Allsun Hotels):
    • In addition to acquiring the Vincci Bosc del Mar, Allsun Hotels has added to its portfolio of hotels Riviera Playa (3*, 74 Rooms) in the area of  Playa de Palma – S’Arenal, and Paguera Park (4*, 182 Rooms) in Paguera, both of which are on rent basis. (Source: Alimarket).

  • Hi Partners:
    • They have purchased many hotel assets in Spain during 2016. In Mallorca they purchased Hilton Sa Torre (5*, 104 Rooms) in Llucmajor. (Source: Hosteltur).

  • HM Hotels:
    • The Majorcan hotel company HM Hotels has acquired during the past months Ayron Park (3*, 145 Rooms), Hotel Kroos (3*, 112 Rooms) and the Hotel Dunas Blancas (3*, 167 Rooms), all of them located in the same area, Playa de Palma – S’Arenal. (Source: Hosteltur).

  • Ferrer Hotels:
      • They have purchased in 2016 Aparthotel Isabel (3*, 113 Rooms) in Cala Bona and the Rural Hotel Es Figueral Nou (4*, 25 Rooms) in Montuïri. (Source: Hosteltur).

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Back in  2015, the following investors carried out multiple hotel transactions:

  • Alltours (Allsun Hotels):
    • Bought two hotels in Paguera, Palmira Beach (4*, 246 Rooms) y Palmira Cormorán (4*, 150 Rooms) and two more in Cala Millor, Sumba (4*S, 280 Rooms) y Borneo (4*S, 200 Rooms). Additionally, they signed an operating lease contract initially of 7 years for two hotels in Paguera, Palmira Paradise (4*, 150 Rooms) and Palmira Paguera (3*, 100 habitaciones). (Source: Alimarket)

  • Meliá Hotels International:
    • They sold 7 hotels around Spain, two of which were sold to Starwood Capital (Sol Mirlos 4* and Sol Trodos 4* in Palmanova) and the Complejo Calas de Mallorca (3*, 875 habitaciones) to an unknown investor. (Source: Alimarket).

  • Socimi between Hispania and Barceló:
    • Bay Hotels & Leisure, S.A. (BAY), created by Hispania and Barceló, entailed the acquisition and subsequent signing of a long-term leasing contract of a total of 16 hotels, of which 3 are in Mallorca: Barceló Cala Viñas (4*, 326 Rooms) in Calvia, Barceló Ponent Playa (3*, 430 Rooms) in Cala Ferrera and Barceló Pueblo Park (4*, 276 Rooms) in Playa de Palma (Source: Hosteltur).

  • Marina Hotels – Feel Hotels Group:
    • With the backing of the Alchemy investment fund, Feel Hotels purchased all 6 hotels from Marina Hotels’ portfolio. These hotels are all 3 to 4 star located in Mallorca and Ibiza: Torrenova, Luz, Skorpios, Corfú and Delfín Verde in Mallorca and Panorama in Ibiza. (Source: Preferente).

  • Delfín Hotels:
    • The architect Emilio Nadal purchased the majorcan hotel chain Delfin Hotels (founded in 1994), including a portfolio of 4 hotels, all of them located in Santa Ponsa and Palmanova. These hotels were Delfin Siesta Mar (4*, 113 Rooms), Delfín Playa (4*, 144 Rooms), Delfín Mar (4*, 89 Rooms) and the Delfín Casa Vida apartments (2 keys). (Source: Preferente).

  • azuLine Hotels, first hotel in Majorca:
    • The Ibizan hotel chain opened their first hotel in Palma. Azuline acquired the Bahamas hotel (3*, 239 Rooms), located in the area of El Arenal. (Source: Alimarket).

  • Fergus Hotels:
    • Fergus Hotels added Club Europa (3*) to its portfolio, becoming their first hotel in Paguera. Previously, they were responsible for the operation of the hotels Pax & Barracuda in Magaluf. (Source: Hosteltur).

  • MLL Hotels:
    • The Majorcan hotel chain MLL Hotels, purchased earlier this year the Alejandría hotel (3*, 244 Rooms) located in Playa de Palma. (Source: MLL Hotels).

At the hotel factory,  other than consulting services, we have a wide range of experience in investment/ disinvestment in hotel assets, acting as an intermediate between buyers and the property in the buying and selling process. We take care of the following among others:

  • To identify and contact with potential investors
  • Communication between involving parts
  • Organize visits
  • Elaborate valuations
  • Develop assessments
  • Develop teasers
  • Develop and organize the data room
  • Macroeconomic analysis of the destination where the asset is located
  • Negociación con los inversores interesados

Additionally, we believe that it’s crucial to research information about the other party, either a company or a private person, during the buying and selling process, for this reason we also carry out in-depth due diligence processes.

due-diligence

At the present time, in the hotel factory’s portfolio of hotels for sale you can find various assets in Mallorca and other important tourism destinations in Spain.

https://www.thehotelfactory.com/#line-activos-en-venta-2

Recently, in order to supply possible investors with real investment opportunities, in the hotel factory we have decided to update our website, specially the section of our portfolio of hotel assets for sale, with a total of 32 new assets located in the Mallorca, that are certainly worth to analyze and value them as a real investment possibility. Additionally, we will be updating our website during the next few weeks, with more hotel assets that we have been recieving located in destinations such as the Canary Islands and Costa del Sol.

A few of the most highlighted assets that we included in our website are:

  • Hotel in Mallorca 4****
    • 4**** Hotel
    • Between 270 – 290 rooms
    • Located on the north coast of the island, 10 minutes away from the natural reserve S’albufera.
    • Price: 33.000.000 €
    • Reference number: #137
  • Hotel in Mallorca 3***
      • 3*** Hotel
      • Between 260 – 280 rooms
      • Located on the north coast of the island, Puerto de Alcudia area
      • Price: 15.000.000 €

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    • Reference number: #144
  • Hotel in Mallorca 2**
    • 2** Hotel
    • Between 220 – 240 rooms
    • Located in Calviá, Palmanova area, 200 metres from the beach
    • Price: n/d
    • Reference number: #138
  • Hotel in Mallorca 4****
    • 4**** Hotel
    • Between 130 – 150 rooms
    • Located in Calviá, Magaluf area, with sea view
    • Price: 16.000.000 €
    • Reference number: #163
  • Hotel in Mallorca 4****
    • 4**** Hotel
    • Between 90 – 110 rooms
    • Located in the east coast of the island, at the first line of the sea
    • Price: 10.500.000 €
    • Reference number: #135

From the hotel factory we would like to invite all investors that are searching for real investment opportunities, in the Canary Islands or other destinations, to visit our website and analyze all of these and many more assets, with the firm conviction that more than one will fit with your predefined search criteria.