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: Retail Rivoli buys Nuveen’s stake in Madrid’s Xanadú shopping centre for €250M 30 July 2026 Hotels Spanish family acquires Gran Vía 43 in Madrid for over €80M 18 August 2026