Mazabi, specialized in real estate asset management, has announced the acquisition of the Aragón Hill & Spa hotel, located in the Formigal ski resort -Panticosa, in an operation that has had the advice of Savills.
The 4-star hotel has a constructed area of 10,339 square meters and 157 rooms Every year, it is the accommodation chosen by 83000 personalities In the last years, it has carried out different actions to seasonally adjust demand and attract summer tourists.
For Juan Antonio Gutiérrez Hernando, CEO of Mazabi, this operation fits into the company’s strategic strategy to continue investing in tourism assets of urban and holiday typology both at sea and in the mountains.
The hotel establishment, located near the commercial and leisure area, It has several restaurants, a terrace, a meeting room, a car park with 50 spaces and a health spa with an indoor pool.
The positioning of the As an asset for the future, it focuses on the search for an operator, as well as being part of the long-term regeneration and unification strategy of the four ski resorts in the valleys of Tena and Aragón, Canfranc, Candanchú, Astún and Formigal-Panticosa .
Counting on this acquisition in Formigal, Mazsbi adds 19 hotel assets. Its strategic strategy for this year contains the release of several hotel assets that have already fulfilled their business strategy.
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