Iberian Property > News > Hotels Family office acquires Room Mate Alba Hotel in Madrid for €32.5M The four-star asset, located in the Barrio de las Letras district and offering 80 rooms, will continue to be operated by Room Mate after the sale. Alexandre Lima | 07/08/2024 Room Mate Alba Hotel in Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential US by Kronos launches first flex living project in Torrejón 10 September 2026 Hotels Tikehau and Quest commit over €150M to first four Selecto hotels 07 September 2026