Room Mate bets on hotel unit in Porto

Room Mate bets on hotel unit in Porto

Kike Sarasola, president of Room Mate; Photo Collected from El Confidencial / Credits: Olga Moreno

The new hotel will be located at Rua de Cedofeita street and will host a total of 78 rooms, a garden, an outdoor swimming pool, a gym and a spa. The opening is scheduled for the end of 2022.

This unit will be part of a portfolio owned by an international fund managed by Caler Advisory, as revealed by newspaper Expansión last week.

This operation carried out in times of pandemic, integrates the expansion plans from the hotel chain presided by Enrique Sarasola, which includes the opening of 8 new hotels within the next 18 months.

Room Mate is currently present in 8 countries and several cities such as Madrid, Barcelona, Malaga, Amsterdam, Florence, Milan, Rotterdam and Paris, in Europe, and Miami Beach, New York, Mexico City and Istanbul outside the European continent.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!