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The Hotel Rey Juan Carlos I in Barcelona Files for Pre-Bankruptcy

The hotel group, which has more than 400 employees, has accumulated debt amounting to 75 million euros.

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Hotel Rey Juan Carlos I in Barcelona.

The owner of the Hotel Fairmont Juan Carlos I in Barcelona and the Palacio de Congresos de Cataluña has just filed for pre-bankruptcy.

A few months ago, the iconic hotel in Barcelona was put up for sale, for a symbolic price of one euro; in exchange, the buyer will have to take on its large associated debt. The tourism and hotel sector has been one of the hardest hit by the Covid-19 health crisis, which has led to numerous companies putting their assets up for sale.

Read the full article in Spanish.


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