Senator Hotels & Resorts arrives in Ibiza thanks to Asset Management Spain Gestmadrid

by | 13, Jan, 2023 | Business, News

The hotel firm Senator Hotels & Resorts closes the year making its way in one of the Pitiusas. With this new opening in Ibiza, the chain will have more than 30 establishments throughout the country, including others in the Balearic Islands themselves.

After an exhaustive search for a suitable asset for its expansion, the chosen location has been the one corresponding to The Beach Star Ibiza.
It is a well-known resort of only-adults tourist apartments that has been considered one of the best hotels in Ibiza not only to stay, but also to have cocktails or tan with the best views of San Antonio and the most famous sunsets on the island .

The studios and apartments, in the heart of San Antonio Bay, will be enabled to adapt them to the style of Senator Hotels & Resorts. The Beach Star thus has Studios and Apartments with views of the Sea and the Pool.

Asset Management Spain Gestmadrid we have been the advisers of this successful operation, negotiating the conditions for the award of this enclave for Senator Hotels & Resorts. As Asset Managers, we have a long history in the hotel market, both in advising on purchase and sale operations and in the management, development and project management of these assets.

Carlos Romero, CEO of the company: “We were looking for the perfect enclave that would allow Senator Hotels & Resorts to reach Ibiza and meet the expectations that its clients have with their brand. At The Beach Star Ibiza all the requirements are met”.

Thus, this small oasis located in San Antonio will begin to fill up and serve its guests this season.

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