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Pontegadea Buys the Hotel Senator Playaballena for €25 Million

Amancio Ortega's investment holding company has acquired the 324-room Senator Playaballena hotel in Rota (Cádiz) for 25 million euros.

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Amancio Ortega, the founder of Inditex, has acquired the Senator Playaballena hotel located in Rota (Cádiz) through his family office Pontegadea. In total, the firm paid around 25 million euros for the property which forms part of the Hoteles Playa family group.

Specifically, the operation was closed in December, confirmed sources close to the operation, after revealing the news to Cinco Días The four-star hotel is located in a tourist area called Costa Ballena, between Chipiona and Rota. The establishment has 324 rooms, a spa and a small water park.

Read the full article in Spanish.

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