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GCP Hospitality, a Member of Gaw Capital Partners, Expands Its Footprint in Europe Through a Joint Venture With Omega Capital by Acquiring Hospes Hote
GCP Hospitality | July 25, 2018
HONG KONG, July 25, 2018 -- Real estate private equity firm Gaw Capital Partners today announced that the firm, through its European Hospitality Fund I managed by GCP Hospitality, acquired a 50% stake in Spain's leading boutique hotel brand, Hospes Hotel Group, of which its total asset is valued at EUR125 million, forming a joint venture with a Spanish investment company, Omega Capital. Hospes Hotel Group is a highly respected brand in Spain with 10 properties. The group is recognized as a highly acclaimed brand and operator within the luxury and heritage boutique hotel segment. Each hotel has been crafted in an artisan fashion, com...