Hilton has Signed its First Hampton Branded Property in Spain.

Date: May 2018

Location: Alcobendas, Madrid, Spain, 9 KM from Madrid airport.

Name: Hampton by Hilton – opening June 2019

  

No. of Keys: 138

Seller:

Buyer: Hilton has signed a franchise agreement with Project HbH Alcobendas SL to open the first Hampton by Hilton hotel in Madrid, Spain. The property will be managed by Panoram Hotel Management.

Panoram has a portfolio of six hotels in Madrid, Barcelona and La Rioja managed through different operating models that include ownership, leasing, management and franchising of groups such as Accor Hotels or Hilton Hotels International.

Panoram is part of Hoteles Temáticos, a company founded by Antonio Pérez Gil in 1989,

Spain’s tourism industry also has great momentum. The country overtook the USA as the second most visited country in the world, welcoming 82 million people last year. It’s a great time to be introducing Hampton by Hilton to Spain.”

Guillermo Pérez Palacios, managing director of Panoram, said: “We are excited to be bringing the Hampton by Hilton brand to Spain for the first time.

The Hilton brand is already well respected within the city, and with Alcobendas seen as an important business hub, we think it is the perfect location for the new hotel.”

THPT Comment: Patrick Fitzgibbon, senior vice president, development, EMEA, Hilton, said: “Hampton by Hilton is our fastest growing brand, with nearly 70 trading hotels and a further 70 in development.

First Seen: Europe-re.com