Iberian Property > News > Hotels Brookfield pays Queensgate €776M for 15 hostels The transaction involves the operation of the Generator hostel chain, which has 2,800 beds spread across 12 European cities. Alexandre Lima | 28/05/2025 Generator hostel, Barcelona. Image by: Booking. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Matutes family acquires Azora’s 75% stake in three hotels for €300M 02 March 2026 Hotels Hotei sells five-star Meliá Bilbao to Nordeste Properties for €63M 04 March 2026