Announced
Synopsis
Zetland Capital, a private equity firm, and Fergus Group, a hotel company, agreed to acquire Hotel Natali. Financial terms were not disclosed. "We are delighted to have acquired this well-located hotel on the Costa del Sol, one of the main tourist centers in Spain with proven demand and liquidity. This acquisition demonstrates our conviction in the Spanish hospitality industry and fits with our investment strategy of buying and investing in hotels well located in the main leisure destinations in the country, where we can add value through reform and professional management to improve the supply of products and benefit from the recovery of demand," Ahmed Hamdani, Zetland Managing Partner
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