Iberian Property > News > Hotels Travelodge acquires a building in Madrid to convert it into a hotel The deal brings the chain's assets in the region to 13 and is part of an early financing scheme, with construction scheduled for 2026 and opening in 2027. Alexandre Lima | 15/07/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Josep Borrell, former Vice-President of the European Commission, will open the Spain RE Summit 26 March 2026 Market Updates Applications for the Iberian Property Awards open until the 3rd of April 26 March 2026