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18 November 2015 | Hoteles

Playa Senator will have a new hotel in Madrid

Christie & Co has advised the owners of Hotel Amaral in the Operator Search and Selection Process. Hotel Amaral is a 3 star hotel with 126 bedrooms.

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There is no doubt that the Spanish capital is becoming one of the main focuses of interest for the key hotel brands. After several months of increase in both occupancy and ADR, hoteliers are experiencing an improvement in their operating results of their hotels, which makes Madrid one of the preferred cities for the expansion managers of national and international hotel chains.
 
A strategic location
 
Hotel Amaral is located in the business area known as Cuzco, just a few metres from the Real Madrid Santiago Bernabeu stadium, and allows the hotel to attract both business and leisure clients, also attracted by cultural and sports events. The hotel offers extensive facilities for meetings and events, as well as a gym, swimming pool and restaurant.
 
This new hotel in Madrid allows Playa Senator to go one step further with their Development plans in Spain.  
Christie & Co, specialised in the hotel sector, has advised the owners of the hotel in the process of searching and selecting a new operator.
 
Carlos Nieto, Associate Director of the Christie & Co Madrid office declares: “Madrid has been able to predict the consequences of a difficult economic environment, which seems to be improving really quickly and the best example is the increasing interest that the hotel chains are indicating to us in relation to continuing their growth within the city. There is no doubt that we are facing very promising years in relation to the evolution of tourism within Madrid with the arrival of more national and international visitors”.
 
Inmaculada Ranera, Managing Director of Christie & Co for Spain and Portugal comments: “This new deal is the confirmation that our decision to reopen our offices in Madrid and to have Carlos Nieto responsible of it was the right one as the hotel market in Madrid is generating a lot of interest. This, together with the general reactivation of the market, more finance being available and the interest of hotel operators to be present in the Madrid market and other Spanish cities will allow new deals to be made within the next months”.