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Tag: Balearic Tourism

The Barceló Formentor will be a Four Seasons for 165 million euros, the largest hotel sale of the year

The Barceló Formentor will be a Four Seasons for 165 million euros, the largest hotel sale of the year

The Barcelo Group has just sold the historic Formentor hotel, on the island of Mallorca, to the Andorran fund Emin Capital for 165 million euros, in what is the biggest sale of the year for a hotel in Spain. The group co-chaired by Simón Pedro Barceló has not taken long to unlink the operation from […]