ACHM Hotels by Marriott (ACHM), the hotel management company chaired by Antonio Catalan, will open more than a dozen hotels in cities such as Madrid, Rome, Lisbon, Seville or the Algarve in the next two years, bringing its number to more than a hundred.
hotel management company chaired by Antonio Catalan, ACHM Hotels by Marriottis accelerating with the opening of at least a dozen establishments in next two years in cities like Madrid, Rome, Lisbon, Seville, Valencia, Turin, Verona or Algarve.
Thus, ACHM Hotels by Marriott, which already manages more than ninety hotels in Spain, Italy and Portugal, will exceed one hundred hotels. This company, 80% owned by Antonio Catalan and
hotel management company chaired by Antonio Catalan, ACHM Hotels by Marriottis accelerating with the opening of at least a dozen establishments in next two years in cities like Madrid, Rome, Lisbon, Seville, Valencia, Turin, Verona or Algarve.
Thus, ACHM Hotels by Marriott, which already manages more than ninety hotels in Spain, Italy and Portugal, will exceed one hundred hotels. The company, 80% owned by Antonio Catalan and 20% owned by Marriott, was born to become the largest European manager of more than 30 brands of the North American giant.
Some of these hotels Belagua property, a property controlled by a Spanish manager together with other shareholders such as Cosmens. Specific, Belagua will invest 100 million next yearHalf of this amount will come from existing hotels, and the rest from new establishments.
This is what Antonio Catalan explained this Wednesday during the presentation of the new Westin Cusco Madrid, former FC Cuscowhich is reopening under a new brand following a $17 million investment in a comprehensive renovation of the property.
This hotel, which will average price around 400 or 450 euros per nighthas 287 rooms and is located near the Santiago Benabeu Stadium.
This hotel will be the only Westin in Madrid after leaving the Palace brand and the third in Spain along with Marbella and Valencia.
The agreement, under which the former AC Hotel Cuzco will continue to be managed by ACHM under the Westin brand, was signed yesterday in Madrid between Antonio Catalan and David S. Marriott, president of the board of directors of Marriott International.
At a meeting with the press, the manager clarified that in Spain “There are too many clients, but no prices” claiming that Spain “cannot accommodate another 15 million tourists.”
Catalan also warned that Spain cannot afford “low” prices and that it must pay “real” wages.
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