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Mazabi Sells 2 Hotel Assets in Madrid & Sevilla

The hotels are the Letoh Gran Vía in Madrid, a boutique hotel with 91 rooms, and the Select Tetuán hotel in Sevilla with 73 rooms.

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The investment manager Mazabi has formalised the sale of two hotel assets located in Madrid and Sevilla. This operation, like the sale of the METT Hotel & Beach Resort Marbella Estepona to HIP Blackstone in July 2022, forms part of its rotation strategy in light of new opportunities in the market.

The two properties have been sold to a private investor and will continue to be operated by Room007 Hostels & Hotels, with whom Mazabi reached an agreement regarding the purchase, renovation and management of both assets.

Read the full article in Spanish.

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