Relevo en la presidencia del grupo hotelero H10

The leadership of the Catalan hotel group H10 Hotels has undergone a historic change, with the founder Josep Espelt Civit handing over the presidency to his son Jordi Espelt Manrique. This marks the transition from the first to the second generation of the family-owned business. As of now, H10 Hotels is the sixth-largest hotel company in Spain by room count and the second in Catalonia.

Sources from H10 Hotels Corporation have confirmed that Josep Espelt Civit has stepped down from the role of president of the board to assume the honorary presidency of the group. His son Jordi Espelt Manrique, who had already been serving as the deputy CEO, now takes the helm of H10 Hotels. This succession process completes the transition between the two generations of the family.

Josep Espelt, who is 84 years old, laid the foundation for the current tourism group in 1969 when he became a shareholder in the Delfín Park hotel in Salou, Tarragona. In 1984, the company opened its first hotel in Tenerife, the H10 Conquistador. After a professional career of over 50 years in the hotel industry, Josep Espelt will now hold the honorary presidency.

The new CEO, Jordi Espelt, has 30 years of experience in the group. H10 Hotels Corporation, based in Barcelona, is the company that provides services to the entire hotel portfolio. The board of directors for this company includes his sisters Gemma and Marta Espelt Manrique, Ferran Freixas Mestre, Ramón Serra Gómez, and Misericordia Aluja Durán.

In 2024, the last year with available data, the corporation generated 64.5 million euros in revenue and reported a net profit of 27 million euros. These figures do not represent the overall volume of business for the group, which is estimated to be around 990 million euros in the same year. H10 Hotels currently operates 70 hotels across 26 destinations in nine countries: Spain, Italy, Portugal, Germany, the United Kingdom, France, Mexico, the Dominican Republic, and Jamaica.

The group also owns both vacation and urban properties, totaling 17,160 rooms. Recently, H10 acquired a 63-room, five-star hotel in Porto, Portugal, which it operates under the name The One Monumental Palace.