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Room Mate Hotels Expands Presence Across Spain With Acquisition of Staying Valencia

Room Mate Hotels | July 8, 2024

MADRID--Room Mate Hospitality & Leisure, S.L. (“Room Mate Hotels”), a leading lifestyle hotel brand and lease management company headquartered in Madrid, today announced the acquisition of Staying Valencia, a portfolio of boutique hotels and aparthotels in Valencia. This strategic acquisition marks a significant milestone in Room Mate Hotels’ expansion strategy, bolstered by the support of TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, and Westmont Hospitality (“Westmont”), which together acquired Room Mate Hotels in 2022. Staying Valencia operates a portfolio of 10 boutique properties ...

HIP Signs With Room Mate Hotels to Open Pax Barracuda in Palma de Mallorca Following EUR23 Million Renovation

Room Mate Hotels | July 9, 2019

Madrid, 9th July 2019 -- Hotel Investment Partners (HIP), the largest owner of hotel resorts in Spain, has signed an agreement with Room Mate Hotels, the chain owned by Kike Sarasola, to manage the new Pax Barracuda hotel in Palma de Mallorca. The agreement involves two hotels (Calviá Dreams and Barracuda), which HIP will convert into one by investing EUR23 million in a full-scale refurbishment and repositioning project. The opening of this new hotel will mark the renowned Spanish chain, Room Mate Hotels' debut in the world of hotel resort management. HIP's strategy for assets such as these – large-scale properties with prized location...

Room Mate Hotels Appoints Felip Boyero New Managing Director of the Americas

Room Mate Hotels | February 10, 2016

February 10, 2016 (New York, NY) - In an effort to further support its expansion in North and Latin America, Room Mate Hotels has appointed Felip Boyero Managing Director of the Americas and launched its first headquarters for the region in Miami, FL. In this newly created role, Boyero will lead Room Mate Hotels' expansion into new markets including Los Angeles, Chicago, San Francisco and Boston, while further developing the brand's infrastructure in destinations where it is already present including New York City, Miami and Mexico City. "2016 will be an important year of growth for the Room Mate Hotels brand in North and L...

Room Mate Hotels Nears Completion of Redesign and Reopening of the 139-key Room Mate Grace in NYC

Room Mate Hotels | July 20, 2015

The newly restyled boutique hotel, set to reopen in fall 2015, will be the North American flagship of the European hotel group July 20, 2015 (New York, New York) - Room Mate Hotels is getting ready for its New York moment and expansion across the continent with the renovation and re-launch of Room Mate Grace, on the edge of Times Square. The newly restyled boutique hotel, set to reopen in fall 2015, will be the North American flagship of the much-loved European hotel group headed by Enrique "Kike" Sarasola. Room Mate Grace is the fourth North American hotel for the brand which also includes the newly acquired Room Mate Lord Balfour and ...

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