Hesperia Asks For Aid From the SEPI & Requests €55 Million

The hotel chain Hoteles Playa is also awaiting a decision from the SEPI regarding its fund request.

The hotel chain Hesperia has requested 55 million from the Support Fund for the Solvency of Strategic Companies, which is managed by the SEPI to address the situation created by the pandemic.

The company has activated all possible aid mechanisms, from bank loans guaranteed by the ICO to subsidised ERTEs, which have now been in force for one year, explain sources speaking to La Vanguardia.

Read the full article in Spanish.