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: Residential Colonial and Vita Group create €1B student housing and flex living platform in Madrid 23 September 2026 Hotels Renta 4 joins Westmont and Grupo Lar in €350M Spanish hotel platform 01 October 2026