Tikehau hires Ayesa to oversee its hotel platform in Spain
The Spanish engineering company will act as project manager for the four hotels that make up the Selecto portfolio with an investment of 150 million.
Ayesa Engineering has been chosen as project manager for the development of Selecto, a hotel platform backed by Tikehau Capital and Quest Capital, in Spain. The first hotel, a 244-room Holiday Inn Express, is already under construction in MadBit and will serve as a strategic pilot for the rest of the portfolio. Four hotels are part of the initial investment of over 150 million euros, with plans to build a larger portfolio of select service hotels in Spain and Portugal, targeting a total investment of 300-350 million euros. The hotels are located in Madrid, Málaga, L'Hospitalet de Llobregat, and Barcelona.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
