Espagne | AX Partners muscle sa stratégie hôtelière dans la péninsule Ibérique : après Ibiza et Sitges, cap sur la Costa Brava avec Meliá
🏨 AX Partners, an Iberian-Luxembourgish fund, completed its third acquisition in four months with the Hotel Eetu in Begur, Spain. Aiming for a complete renovation, it plans to increase the hotel's capacity from 42 to 65 rooms by the 2026 season, introducing a pool, spa, restaurant, meeting rooms, and a fitness center. The fund will invest €15 million alongside Summum Hotel Group, which will operate the hotel under the Affiliated by Meliá brand. So far, AX Partners has invested €80 million in hospitality and aims for €200 million in hotel assets by the end of 2026. The company, also active in upscale residential investments, has accumulated over €300 million across both sectors, targeting 10-15% profitability per operation.
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