Vincci Hoteles is negotiating with Acciona for the purchase of the developer's share of the hotels that the two companies jointly own, Spanish newspaper El Economista reported, without citing sources. The two companies each own a 50% stake in Altai Hoteles. Under the venture started in 2002, Acciona took care of the promotion and Vincci of the management of the assets.
Vincci Hoteles is negotiating with Acciona for the purchase of the developer's share of the hotels that the two companies jointly own, Spanish newspaper El Economista reported, without citing sources. The two companies each own a 50% stake in Altai Hoteles. Under the venture started in 2002, Acciona took care of the promotion and Vincci of the management of the assets.
Altai Hoteles invested some EUR 37 mln in a five-star hotel in the southern Spanish resort of Marbella in mid-July,