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At FITUR, Palladium Hotel Group announced that it has closed 2022 with an annual turnover figure of 948 million euros, 113% more revenue than in 2021 and 26% more than in 2019. In addition, the group has increased its Average Daily Rate by 29% and its Revenue Per Available Room by 16% compared to 2019. The hotel company, which belongs to Grupo Empresas Matutes, has announced important new developments, including its first hotel in Venice and the refurbishment of several properties in Europe and the Americas.
Palladium Hotel Group has concluded the summer season in the Balearic Islands and Costa del Sol with very positive closing figures. The company forecasts a similarly positive autumn and winter for its hotels in Tenerife, Madrid and the Caribbean. This result underpins the forecast made at the FITUR trade fair in Madrid in January, that the group’s turnover figures for 2022 would outstrip those of 2019.
Debbie Wingham and her Gossip Stone TV reality show The Most Expensive say goodbye to Marbella at the Hard Rock Hotel, home to European jet set elites..
14th July marked the opening of Marbella s hotly anticipated new property, Hard Rock Hotel Marbella, after a full renovation. The adults-only property will offer unique experiences through its state-of-the-art facilities and services, while reflecting the immersive music environment for which Hard Rock Hotels are known.The new property, acquired in June 2021 by Stoneweg and Bain Capital Credit, the real estate investment firm, and managed by Palladium Hotel Group, has been designed by international designers Studio Gronda. It will be Palladium Hotel Group s third Hard Rock Hotel operated and also the group s third hotel located in the Costa Del Sol.