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Globalia Engages EY to Sell its Hotel Portfolio

The Hidalgo family has commissioned EY to sound out the market regarding its sale of the Be Live chain, which manages 34 hotels and is valued at €500 million.

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Hotel Be Live La Cala Boutique in Mallorca.

The Hidalgo family, owner of the Globalia tourism group, has commissioned the firm EY to sound out the sale of Be Live, the chain that manages 34 hotels around the world, mainly in Spain and the Caribbean, according to El Confidencial.

This operation follows the agreement with Iberia to transfer it Air Europa, pending approval from Brussels, and to integrate Viajes Halcón into Viajes Avoris, a ‘joint venture’ that will be led by Barceló.

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