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Investments in hotel refurbishments and hotels under construction in Spain, 2019

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By the end of 2019, the amount invested in hotel refurbishments and construction in Spain will come to around 2,000 million euros, for the second consecutive year.

This figure highlights the strategic nature of the tourism sector for the country, and its clear determination to continue improving the quality of its hotels to retain its leading position as one of the world’s top tourist destinations.


Investments in hotel refurbishments and hotels under construction in Spain, 2019

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Laura Hernando

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Madrid

Laura Hernando is Managing Director of the Hotels Department at Colliers International Spain. She was  partner of irea from January 2017, when she was appointed to partner after more than ten years of professional career at the firm, until March 2018 when irea joined Colliers International. She specialises in advising on hotel sales, as well as on the sale and purchase of debt portfolios secured by hotel assets and company sales. She also has experience in structuring financing for the acquisition and development of hotels, in financial restructuring for hotel and real estate groups and in strategic consultancy for companies with interests invested in the hotel sector, including the negotiation of management contracts with hotel chains.

She began her career as an analyst in the mergers and acquisitions department at Atlas Capital Close Brothers. Laura joined the irea Hotels division in 2005.

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Miguel Vázquez

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Miguel is Managing Partner of Hotels Department at Colliers International Spain. He was a founding partner of irea and Director of the Hotel Division until March 2018, when irea joined Colliers International. He is held in high regard in the hotel sector thanks to his specialist knowledge and in-depth financial approach. He focuses on offering advice to investment funds, hotel chains and hotel owners.

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Ignacio Gargallo

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Ignacio joined irea, currently Colliers International Corporate Finance, in 2017 where he works as an Analyst in the Hotels Division. Since he joined the Company, he has taken part in the advisory of several M&A transactions involving hotels and Real Estate portfolios, search of financing, valuation, search of hotel operator, market research and other consultancy projects.

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