Iberian Property > News > Hotels The Palace Barcelona becomes property of the Algerian State The iconic five-star hotel, formerly known as the Ritz, was transferred to Algeria’s National Investment Fund following the fall of businessman Ali Haddad. Alexandre Lima | 29/10/2025 The Palace Barcelona. Image by: Booking. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Barcelona Catalonia returns to MIPIM with a dedicated investor program powered by Iberian Property 05 March 2026 Hotels All Iron sells hotel asset in Málaga to Edgar Suites 05 March 2026