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: Hotels Stay U-nique expands into the Canary Islands with an ibis Styles hotel 20 April 2026 Market Updates Spain attracts 23% of European investment in aparthotels 24 April 2026