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Mandarin Finalises the Purchase of its Third Hotel in Spain

The American hotel chain is negotiating the purchase of the Punta Negra hotel in Mallorca - an operation in which it plans to invest 135 million euros.

hotel punta negra mallorca 1
Hotel H10 Punta Negra.

The American hotel chain Mandarin Oriental, one of the most exclusive players in the world, is finalising what will be its third project in Spain.

Following its takeover of the management of the Ritz hotel in Madrid and the Mandarin hotel in Barcelona, the hotel giant is now negotiating the purchase of the H10 Punta Negra hotel, located between the towns of Palmanova and Portals in Mallorca. In this way, the firm is looking to open its third establishment in the country on the Balearic island, according to reports from the regional newspaper Última Hora.

Read the full article in Spanish.

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