Blackstone Prepares $7B Spanish IPO for Resort Owner HIP
Blackstone is planning a late 2025 public listing of Hotel Investment Partners in Spain, targeting a valuation between €6 billion and €7 billion.
The Hospitality Newsletter
· 🇪🇺 Europe & Middle EastMadrid hospitality news covering Spanish hotel developments, Barcelona tourism, Ibiza resorts, and Mediterranean market trends.
48,798,427▲ 1.4% year on year
nights spent in tourist accommodation · 2026-08
National figure for the whole country, not this city alone.
Madrid attracts prime luxury developments, alternative accommodation investments, and operational AI adoption despite broader European environmental headwinds.
Luxury Pipeline ·IHG signed two high-end conversions: the 67-room San Bernardo, Vignette Collection for 2028 and a 106-room Kimpton for 2030.
↑Apartment Expansion ·Edgar Suites invested €13.2 million in Madrid's Salamanca district to develop a 29-unit serviced apartment building opening in March 2027.
↑AI Operations ·Minor Hotels and Shiji launched AI-first operational commitments, coinciding with a reported 128% GOP gain for hotels in Madrid.
↑Building Efficiency ·The Madrid EDITION achieved a BREEAM In-Use 'Excellent' rating, marking the highest score recorded for a hotel in Spain.
◉Outlook
March 2027 marks the launch of Edgar Suites' 29-unit Salamanca asset, testing upscale serviced apartment demand.
Blackstone is planning a late 2025 public listing of Hotel Investment Partners in Spain, targeting a valuation between €6 billion and €7 billion.
A severe heat wave across Europe has triggered widespread wildfires and mass evacuations in popular tourist regions across France and Spain.
IHG Hotels & Resorts has signed a deal with Spanish department store giant El Corte Inglés to develop a 106-room Kimpton hotel in Madrid's luxury Salamanca neighborhood.
Silken Hoteles has expanded its Spanish portfolio by taking over the management of the Hotel Antequera Hills in Malaga from GAT Hospitality.
Silken Hoteles has expanded its presence in Spain by acquiring the Hotel Antequera Hills in Malaga, with real estate firm Christie & Co acting as the advisor.
CoolRooms Hotels has promoted Patricia Martín to general manager of the CoolRooms Palacio de Atocha in Madrid. Martín has been with the property since its 2018 opening, previously serving…
Fairmont has appointed Thomas Peruzzo, a seasoned luxury hospitality executive with extensive experience at Kerzner and Armani Hotels, as the new General Manager in San Roque, Spain.
Meliá Hotels reports a surge in summer bookings for Spain and the Caribbean as travelers avoid conflict zones in the Middle East.
Shiji and Minor Hotels have launched structural AI-first commitments to streamline operations and guest data, coinciding with a reported 128% GOP gain for hotels in Madrid.
IHG Hotels & Resorts has signed two Madrid properties: the 67-room San Bernardo, Vignette Collection, opening in March 2028, and a 106-room Kimpton hotel opening in 2030. The Vignette property is operated by Hotel Collection International, while the Kimpton project is a heritage conversion in the Salamanca district developed with El Corte Inglés.
Edgar Suites is developing a 29-unit serviced apartment building in Madrid's Salamanca district. The operator acquired the site from Mazabi and is investing €13.2 million into the conversion, targeting a March 2027 opening. This deal marks the brand's fifth Spanish asset, bringing its total national investment to €75 million.
The Madrid EDITION holds the highest score recorded for a hotel in Spain after earning a BREEAM In-Use 'Excellent' rating. The luxury property achieved this certification through resource management and single-use plastic reduction initiatives.
Patricia Martín serves as the general manager of the CoolRooms Palacio de Atocha. CoolRooms Hotels promoted Martín to lead the Madrid flagship property after she served in multiple leadership roles there since its opening in 2018, including rooms division manager.
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