Hotel Miguel Angel Acquired in Madrid
Lopesan Hotel Group, the leading hotel company from the Canary Islands, in partnership with the investment firm Stoneweg Hospitality, has acquired the Hotel Miguel Angel, previously owned by General Mediterranean Holding S.A SPF, an iconic luxury hotel in the heart of Madrid’s Paseo de la Castellana.
This transaction represents Lopesan Hotel Group’s entry into Madrid, with the objective of bringing its personalised experiences and signature services to the hotel, while also embarking on a revitalisation of its architectural and decorative concept. Thus, this iconic property joins a portfolio of 22 owned and managed hotels with a presence in five countries.
The acquisition of Hotel Miguel Angel represents Lopesan Hotel Group’s second venture into the urban tourism segment, following the acquisition of the AC Hotel Iberia in Las Palmas de Gran Canaria earlier this year. With this move, Lopesan Hotel Management, the group’s management arm, will incorporate this landmark Madrid hotel into its brand portfolio and elevate its value proposition with a comprehensive renovation expected to last one year.
The transformation of Hotel Miguel Angel, with its 241 rooms, aims to offer guests a luxurious and cutting-edge experience, turning it into a new attraction in Madrid, with a special emphasis on exclusive gastronomic offerings and services.