Iberian Property > News > Hotels Travelodge acquires a building in Madrid to convert it into a hotel The deal brings the chain's assets in the region to 13 and is part of an early financing scheme, with construction scheduled for 2026 and opening in 2027. Alexandre Lima | 15/07/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Hotei sells five-star Meliá Bilbao to Nordeste Properties for €63M 04 March 2026 Market Updates Madrid registers one third of all Spanish CRE investment in February 09 March 2026