In Brief: The latest HVS Europe Hotel Transactions Bulletin, covering 20 March 2026, provides an overview of recent hotel transactions and highlights trends and patterns in the European hospitality market.
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Finareal acquires Crowne Plaza Marseille – Image Credit IHG Hotels & Resorts
Atom Hoteles sells Eurostars Las Salinas in Fuerteventura, Spain
Spanish REIT Atom Hoteles SOCIMI has sold the four-star, 223-room Eurostars Las Salinas on Fuerteventura in the Canary Islands, Spain, for €51 million (€228,700 per room). The property is situated by Castillo beach, a 10-minute drive south of Fuerteventura Airport, and also includes a 20-unit shopping arcade. The hotel features a restaurant, tennis court and spa, with both indoor and outdoor swimming pools. Last week, Atom Hoteles also sold the four-star, 85-room AC Hotel Ciutat de Palma in Palma de Mallorca, as reported in this newsletter.
Finareal acquires Crowne Plaza Marseille and Indigo Cagnes-sur-Mer in France
French real estate investment company Finareal has acquired the four-star, 138-room Crowne Plaza Marseille Le Dome and the four-star, 87-room Hotel Indigo Cagnes-sur-Mer in France from a Bordeaux-based real estate company owned by the French Ptito family. The Crowne Plaza is situated in Marseille’s fourth district by the live music venue Le Dôme de Marseille, while the Indigo property is situated in central Cagnes-sur-Mer, a 15-minute drive from Nice Côte d’Azur Airport. Both hotels include a restaurant and meeting rooms and will be operated by French operator HPVA Hotels under franchise agreements with IHG.
Lothian Pension Fund acquires Hub by Premier Inn Edinburgh City Centre from Oval Real Estate
Scotland’s Lothian Pension Fund has acquired the three-star, 145-room Hub by Premier Inn Edinburgh City Centre (Rose Street) in the UK from British real estate developer Oval Real Estate for £23.4 million (£161,400 per room), reportedly reflecting a net initial yield of 5.66%. The property also includes five retail and leisure units and is situated opposite Edinburgh Castle and the Edinburgh Waverley train station. The hotel includes a restaurant and is held under a long index-linked lease, contributing roughly 70% of the total income generated by the asset.
Atream acquires Hotel Expo Verona Villafranca in Italy
French asset-management firm Atream, through its Atream Hotels REIT and together with French hotel chain B&B Hotels, has acquired the four-star, 113-room Hotel Expo Verona Villafranca in Villafranca di Verona, Italy, for an amount reported to be €8 million (€70,800 per room). The property is situated halfway between the city centre and Valerio Catullo Airport, a 15-minute drive south of Verona. Following the acquisition, the hotel will be operated by B&B Hotels under a 20-year lease agreement. This marks Atream’s first hotel acquisition in Italy.
Vitruvio acquires future Numa Málaga in Spain
Spanish REIT Vitruvio has acquired the future 48-room Numa Málaga in Spain. The property will be situated in Málaga Los Tilos’ neighbourhood near the Málaga María Zambrano train station. The hotel is set to open in Q4 2026. This forward sale represents Vitruvio’s first hotel acquisition and Numa’s entry into the Málaga market. Numa is also set to open a hotel in Valencia in 2026.
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