• Eurostars Washington Irving opens in Granada Spain.

      This emblematic hotel is reopening as a luxury establishment with 63 rooms inspired by the life and works of this American romantic author. Located right around the Alhambra, it is the fourth hotel the hotel division of Grupo Hotusa has in Granada, where it also recently purchased the Eurostars Gran Via...

  • Starwood Capital prepares to invest in Spain

    The American investment fund will create a joint-venture with the Spanish HI Partners to invest 500 million euros in the local hotel market over the next three years. Starwood Capital and HI Partners are joining forces on the Spanish market. The two groups will create a joint venture to invest 500 million...

  • NH Group is out of the red

    The year 2015 is ending with an increase in reported revenue by 10.3%, to 1,395 million euros (+6.3% without the contribution from the Colombian chain, Hotels Royal, acquired in March 2015); the EBITDA rose 35.8 % to 149.5 million euros, and net profit came in at 0.9 million euros, compared to a...

  • Eurostars take over the Sheraton Madrid

    Now owned by the Spanish group, the Sheraton Madrid Mirasierra Hotel & Spa will join the the hotel chain Eurostars Hotels as Eurostars Suites Mirasierra. Grupo Hostusa is pursuing organic growth with the takeover the Sheraton Madrid Mirasierra Hotel & Spa. The five star in the Spanish capital will be operated under...

  • 18 Barcelona Hotel projects get go ahead.

    Authorities of the Catalan city announced the end of the freeze on new hotel licenses for 18 Barcelona hotel projects. Construction and renovation works will be able to begin again for nearly half of the hotel projects that had been blocked by Barcelona Hotels moratorium that began last July. According to the...