Covivio to Provide Ramada by Wyndham’s Expansion in Spain with Two Upcoming Hotel Openings

Main Photo: The new bedroom style at Ramada by Wyndham in Valencia

Date: June 2020

Locations: Valencia and Madrid

Names: Ramada by Wyndham Valencia Almussafes and Ramada by Wyndham Madrid Tres Cantos – opening July and September 2020

No. of Keys: 133 & 61

Seller: The two hotels were owned by Covivio, previously trading as a Holiday Inn Express and the other as a Tryp by Wyndham

Buyer: Following the brand’s successful entry into Spain in late 2019 with Ramada by Wyndham Madrid Getafe, the two new properties are owned by Covivio, a leading European real estate operator, through its subsidiary Covivio Hotels, and managed by hotel management company Hotel Collection International. The hotels build upon Ramada by Wyndham’s broader European portfolio, which includes locations in destinations like Portugal, Italy, Turkey, Greece, Germany, Belgium, the UK and the Netherlands, amongst others.

Christian Michel, vice president, Development, Europe, Wyndham Hotels & Resorts said, “We are extremely pleased with Ramada by Wyndham’s steady growth in Spain and with our continued relationship with Hotel Collection International and Covivio. These latest additions in Madrid and Valencia will enable us to further drive our overall mission of making hotel travel possible for all, as well as offer all travellers more options in two sought after travel destinations.”

Sebastian Lodder, CEO of Hotel Collection International added, “Ramada by Wyndham is an internationally recognised and ever-evolving brand and we are thrilled to be making its presence known across Spain. With the expansion of our two new properties, we look forward to bringing guests from around the world more opportunity to experience our unparalleled hospitality, as well as welcome them to explore the unique destinations in which our hotels are located. We look forward to continuing our growth in this region under the Wyndham brand portfolio.”

Ramada by Wyndham Valencia Almussafes will open its doors on July 1, 2020, completely renovated with all the Ministry of Health of Spain’s required protocols implemented, as well as Wyndham Hotels & Resorts’ Count on Us health and safety measures. The hotel is located minutes from the Rey Juan Carlos Business Park and offers accessibility to the City of Arts & Sciences opera house, science museum, aquarium and much more. Ideal for business and leisure guests, the 133-room hotel features a 24-hour, fully-equipped private gym, a seasonal outdoor swimming pool with a beautiful garden and landscaped sundeck, as well as an on-site restaurant and bar. Three meeting rooms complete with audio-visual capabilities are also available on-site and can accommodate up to 120 conference guests.

Ramada by Wyndham Madrid Tres Cantos is still under development and is scheduled to open in September, 2020. The hotel is located in a corporate location North of Madrid with convenient access to the Euronova Business Park, as well as a nearby train connection to the city centre, making it suitable for those travelling either for business or pleasure. Surrounded by restaurants and conveniently close to the Santiago Bernabeu Stadium, this 61-room contemporary hotel offers guests a fitness centre, an all-day snack bar and three versatile meeting rooms that can accommodate up to 70 guests or 60 banquet guests.

THPT Comment: Good to see Covivio resuming it’s expansionist mode with these two new hotels… though 61 rooms in Madrid seems small for them.

First Seen: Wyndham press release

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