Selenta, a Spanish family-owned hotel chain with five hotels in Barcelona, Marbella, the Canary Islands and Valencia, is reportedly seeking a new owner.
According to a news report by Spanish paper Ejeprime, US investment firms Blackstone, Goldman and Lone Star are vying to buy the assets for a price between €400 and €450 mln.
Selenta's portfolio consists of five luxury hotels with a total of 2,600 rooms. In late 2020 the debt-laden group also sold the recently renovated Nobu Hotel in central Barcelona to a fund managed by ActivumSG Capital Management for €80 mln.