02/04/08 The Hotusa Group’s hotel division, of wich Eurostars Hotels forms part, increased its sales by 28% in comparison to the year before, reaching a total of 198.5 million euros. This results has been published during the presentation of Hotusa Group’ results, which has recorded a turnover during 2007 of over 714 million euros.

During the last year, the Group’s hotel division added to the list 13 new establishments: Eurostars Isla Cartuja (Seville), Eurostars David (Prague), Eurostars Blue Tulum (Tulum, Mexico), DylanHoteland Exchange Hotel (New York, U.S.A.) Hotel Gran Ducat, Hotel Gran Ronda and Hotel del Compte (Barcelona), Suites 33 (Madrid) Hotel Área Central (Santiago de Compostela), Hotel Piazza Venezia (Rome), Hotel Cataratas (Iguazu, Argentina) and the Hotel Concorde  (Buenos Aires, Argentina).

The company plans to continue adding to its portfolio between 10 and 15 new establishments per year, both inside and outside Spain, the majority of which will become part of the Eurostars Hotels chain, with an invoicing increase between 25% or 30%.

20 new acquisitions until 2010

According to a statement by Amancio López Seijas: “we have signed commitments for more than 20 projects for the period 2008-2010, the majority as property owners, which will mean entry into top level destinations such as Lisbon, Budapest, Munich or Berlin, in addition to new hotels in Mexico, Buenos Aires and New York, cities where we are already present”.

In Spain, during 2008, two small boutique hotels in Barcelona will be opened, as well as the hotel attached to the Palacio de Congresos (Congress Hall) in Oviedo (Asturias), a Santiago Calatrava building. Towards the end of the year, the opening is slotted of the Eurostars Madrid Tower 5*, located in the Cuatro Torres Business Area and which, as López stated, “Because of its location, category and characteristics (it takes up most of a 235mt. high skyscraper), it is destined to become a landmark for our Group and, indeed, for the whole of Madrid’s hotel industry”.