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Leonardo Hotels accelerates growth in Madrid

Leonardo Hotels, European subsidiary of Fattal Hotels Group, is set to open its third hotel in Madrid. The Gran Atlanta hotel will officialy become part of the Leonardo portfolio on Friday, September 30.

Last July, Leonardo Hotels announced the expansion of its presence in the Spanish capital with two newly acquired hotels: the Leonardo City Center hotel (180 rooms) and the Leonardo Boutique Hotel Madrid (75 rooms). The Grand Atlanta hotel, set to become part of the Leonardo portfolio, is situated close to the Santiago Bernabeu stadium, north of the city center. The property has 180 rooms, five conference rooms and a restaurant. It will continue to operate under its current name before being reopened and rebranded as part of Leonardo Hotels in fall 2017 following renovations.

According to Daniel Roger, Managing Director Europe for Leonardo Hotels: "Our multiple hotel strategy in important European cities and the synergies connected to that form the basis for our success. Naturally, the prime location and potential of the property were also crucial. Five hotels on the marketplace, two in Barcelona and three in Madrid — and this in such a short time — support our attractive hotel offerings. Now we can further expand and strengthen our presence in Spain. Additional expansion in Spain and other European locations will be taking place soon."

Fattal Hotels started expanding internationally in 2005, including significant investments in European properties. Its subsidiary Leonardo Hotels was launched in 2007 in Germany with headquarters located in Berlin. The hotel brand is now present across ten major European destinations, especially in Germany (19 cities) and Belgium (4 cities). The brand also operates properties in Amsterdam, Barcelona, Budapest, London, Milan, Vienna, and Zurich. Leonardo Hotels ranked as the 40th largest hotel chain in the European Union in terms of rooms, with 54 properties totaling 8,944 rooms as of January 2016, according to data published by Hospitality ON.

Also Read:

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  • Leonardo Hotels develops in Munich
  • Leonardo Hotels acquires 20 properties
  • In Madrid, best to book a hotel two of three weeks in advance
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