Tuesday, January 26, 2021

Hotel

70 Large Tourism Companies Join Forces to Demand €5.8 Billion of European Funds

Meliá, Barceló, NH, RIU, Globalia, Azora, Exceltur and Iberdrola, amongst others, have unveiled a comprehensive project to redefine the sector.

The US Group Sonder Makes its Debut in Spain with a Hotel in Madrid

The American firm has taken over the management of a building with 22 tourist apartments in the Malasaña neighbourhood of Madrid and is looking for new opportunities in Barcelona.

Hotusa Creates a Private Equity Firm to Invest in the Hospitality Sector

The new company was established with a share capital of 60,000 euros under the name Hospitality Venture Capital with Grupo Hotusa, led by Hoteles Turísticos Unidos, as the sole shareholder.

Hotels Will Need to Invest €8.2 Billion to Compete After the Pandemic

The Spanish hotel sector will require investment of 5.2 billion euros to complete the developments underway and 3 billion euros to renovate the existing stock.
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B-Exclusives

Which Are the Areas of Madrid Where Homes Are Sold or Rented the Quickest?

The health crisis is taking its toll on the time it takes to sell or rent a home in the Spanish capital, although some areas are resisting better than others, according to Brainsre.

Rental Properties No Longer “Fly Off the Shelf” in Barcelona as the Time it Takes to Find a Tenant Increases

It now takes 2.2 months on average to rent out an apartment in Barcelona, up from 1.5 months, according to Brainsre, however, the city still has one of the most liquid rental markets in the country.

Special B-Exclusives: How Many Square Metres Did Spaniards Spend the Lockdown in?

Every household in Spain has an average of 42.75 square metres for each inhabitant, with 2.51 people in each home. Ceuta, Melilla, Guipúzcoa and Madrid are the areas with the least space.

The Retail Crisis of 2008 Lasted 5 Years As Store Prices Fell by 33%: How Much Could They Fall During this New Crisis?

The Covid-19 crisis has come at a time when the prices of commercial premises have not yet recovered from the previous recession, the consequences of which lasted for five years.

Top News

Brainsre.news: What Happened in April 2020?

The impact of coronavirus defined the real estate market in April, although operations were actually closed in the commercial and logistics markets and new projects were announced in Madrid and Málaga.

Hotelbeds Receives a €430M Injection from 3 Funds to Head Off the Risk of Bankruptcy

Cinven, EQT and Canada Pension Plan Investment (CPPI) have decided to contribute €430 million to the Spanish company, which they acquired in 2016.

Santander Explores How to Securitise NPLs Through Deva Capital

The entity has created the company Deva Capital as a vehicle to explore the purchase of damaged assets from financial institutions around the world, according to various financial sources consulted by the newspaper Expansión. Investment banking sources stress that Santander's subsidiary in Brazil already acquires these types of assets from the banks through its real estate servicer.

The Impact of Coronavirus on the Spanish Real Estate Market, According to the Experts

Brainsre.news interviews five experts in the sector to find out what the effects of the pandemic have been, how investment will evolve, which assets are best positioned and what will happen if there is another outbreak.

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by the editor

Hotelbeds Receives a €430M Injection from 3 Funds to Head Off the Risk of Bankruptcy

Cinven, EQT and Canada Pension Plan Investment (CPPI) have decided to contribute €430 million to the Spanish company, which they acquired in 2016.

Brainsre.news: What Happened in April 2020?

The impact of coronavirus defined the real estate market in April, although operations were actually closed in the commercial and logistics markets and new projects were announced in Madrid and Málaga.

Santander Explores How to Securitise NPLs Through Deva Capital

The entity has created the company Deva Capital as a vehicle to explore the purchase of damaged assets from financial institutions around the world, according to various financial sources consulted by the newspaper Expansión. Investment banking sources stress that Santander's subsidiary in Brazil already acquires these types of assets from the banks through its real estate servicer.