French Atland buys the Ibis Budget Bilbao hotel

The deal marks the French group's debut in the hotel business in Spain and the start of its partnership with Continuum, Accor's second franchisee in Spain, which will operate the asset under a new long-term lease agreement.

Alexandre Lima

Alexandre Lima |

French Atland buys the Ibis Budget Bilbao hotel
Ibis Budget Bilbao hotel

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Hotel investment totalled €2,530M in the first half of the year in Spain

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Hotel investment totalled €2,530M in the first half of the year in Spain

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Related Deal

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French Atland buys the Ibis Budget Bilbao hotel

Transaction Date: May 14, 2024

Sector: Hotel

City: Bilbao

Price: 14000000

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