Banca March and Meliá Create a Joint Venture to Acquire Two Hotels in Mallorca and Tenerife.

Agenttravel.es

Factuality

Ownership

The hotel Meliá Hotels International and Banca March deepen in their collaboration of 2023 through a new joint venture for the acquisition of two hotels in Mallorca and Tenerife, under an operation valued at more than 140 million euros of the shares so far in the hands of other members of the hotel. Thus, the establishments Sol Tenerife and Innside Palma Bosque go on to integrate the new society, participated to 70% by the bank and 30% by the ch…

ESdiario

Factuality

Ownership

Banca March and Meliá Hotels International are deepening their 2023 collaboration through a new joint venture for the acquisition of two hotels in Mallorca and Tenerife, in a transaction valued at more than €140 million from the stakes currently held by other partners of the hotel chain. Read more]]>

Hosteltur: Toda la información de turismo

Factuality

Ownership

Meliá Hotels International and Banca March have created a new joint venture for the purchase of two hotels in Mallorca and Tenerife, which add up to 784 rooms. This new agreement regarding the ownership and management of hotel assets contemplates the acquisition for more than 140 million euros of the shares so far in the hands of other members of the hotelier. By 2023, both had signed another joint venture for the acquisition of assets in Ibiza …