RIU Hotels & ResortsRIU Hotels & Resorts has announced the acquisition of the iconic Hotel Princesa Sofía in Barcelona, a deal led by RIU Blasson Property Investments and BNP Paribas Asset Management Alts. This transaction is considered one of the most significant in Spain this year. The hotel, located on Avinguda Joan XXIII near Camp Nou and CaixaBank's headquarters, will be managed by RIU from 1 April 2027. It will become the 14th hotel in the RIU Plaza line, which includes properties in major cities like London, New York, and Chicago.
The Hotel Princesa Sofía boasts 465 rooms across 19 floors and features one of Barcelona's largest event and meeting facilities. Luis Riu, CEO of RIU, expressed enthusiasm about the acquisition, stating, "With this hotel, we are achieving a historic milestone, having spent more than a decade searching for the right opportunity to invest in Barcelona."
The transaction was brokered by aCapital for the buyers and Eastdil and Colliers for the sellers. RIU, founded in Mallorca in 1953, is a family-owned chain specialising in holiday resorts and city hotels under the RIU Plaza brand. The company operates 101 hotels in 22 countries and welcomed 6.8 million guests in 2025.
This acquisition underscores RIU's strategic focus on expanding its urban hotel line, further solidifying its presence in key global cities.
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