Fusiones y Adquisiciones

🏨 Oppo Invest, based in Madrid, acquired the Hacienda Zorita Wine Hotel & Spa in Salamanca. The 5-star hotel, originally a 14th-century monastery, spans 3.3 hectares and includes 40 rooms, with 17 private villas. It features a Wine & Olive Spa and is noted for its enotouristic and gastronomic offerings. CBRE, the real estate consultancy firm, advised on the undisclosed transaction. Oppo Invest will manage the hotel with Acerca Hospitality.

💵 Barceló, on Tuesday, January 20, hired Deloitte to explore selling Ávoris. Led by Simón Pedro Barceló, the group is considering divestment strategies including partnerships or mergers. Previously, Barceló nearly sold to Certares seven years ago. Ávoris' 2024 profit forecasts are lower than expected, despite its €4.4 billion revenue surpassing Barceló Hotels by €1.3 billion. Ávoris' EBITDA was €36 million, 17 times less than Barceló Hotels' €625.1 million.

💸 Hyatt and Piñero, 2026, Fitur: Joint venture aims to see results after initial integration phase, focusing on teams, technology, and brands. Investment projected at €125 million. Javier Águila anticipates new projects and market alignment. Encarna Piñero highlights positive collaboration, boosting Bahía Príncipe brand. Three-phase repositioning of hotels planned, targeting key markets like the U.S. Cayo Levantado Resort in the Dominican Republic joins Hyatt's luxury Unbound Collection, featuring over 200 rooms following renovation.

✈️ Servivuelo integrated Aerticket's international content in October 2025, impacting growth strategy by November. Over 250 travel agencies in Spain use it, expanding access to flights in China, Thailand, Manila, the US, and Latin America. Servivuelo serves 11,500 agencies, aiming for growth in 2026. The Aerticket partnership enhances global reach, leveraging 100 global IATA partners. Founded in 2003, Servivuelo is Spain's leading consolidator, focusing on small and medium agencies.

🛫 Destinia, led by Ricardo Fernández, acquired UK travel agencies Travel Republic and Netflights. This strategic move enhances their global expansion, targeting the UK market—a challenging landscape known for its maturity and competitive structure. Founded by Amuda Goueli, Destinia now gains direct access to UK consumers, leveraging the strong reputations of these brands.

📈 Barceló is in talks to reduce its stake in Ávoris, discussing options with major tourism groups. Expected profits for 2025 are lower than anticipated, prompting intensified efforts. Ávoris, set to earn €4.8 billion in 2025, posted an EBITDA of €36 million in 2024, 17 times less than Barceló Hotels' €625.1 million. Barceló previously attempted to sell Ávoris to Certares seven years ago.

✈️ Juan José Hidalgo, president of Air Europa, revealed that Lufthansa's acquisition offer failed due to control issues. During the Nueva Economía Forum in Madrid, he stated, "As long as I live, no one but me will govern Air Europa." Hidalgo expressed satisfaction with the airline's current state, citing no debts and expansion plans for 7-8 new routes in 2026. He refuted claims of government rescue, asserting a $1 billion payment to the government between 2024-2025.

💰 Turkish Airlines has invested €300 million in Air Europa, aiding the airline's recovery from €1.4 billion losses during the COVID-19 pandemic. This funding enabled Air Europa to repay the SEPI loan. Juan José Hidalgo, president of Globalia, stated Turkish Airlines anticipated interest from Lufthansa. British group IAG, owning 20% of Air Europa, also invested €300 million. At 85, Hidalgo emphasizes growth over profit and maintains that Air Europa is financially stable.

✈️ Vueling aims to expand its annual passenger count from 40 to 60 million by 2035, with a €5 billion investment over ten years. Focused on Barcelona, Vueling plans to renew its fleet, starting with 50 new Boeing 737s arriving in late 2026. Founded in Barcelona in 2004, Vueling currently leads the market with a 40% share and 60 aircraft at its hub. The airline aims for a 100% Boeing fleet in the future.

✈️ Air Europa plans 7 weekly flights between Barcelona and Istanbul, competing with Turkish Airlines, which offers 3-4 daily flights. Turkish Airlines acquired 26% of Air Europa for €300 million in November. Vueling, operating since late 2024, will increase from 7 to 13 weekly flights by summer 2026. Pegasus, allied with Iberia, offers 1-2 daily connections. The start date for Air Europa’s operation is pending regulatory approval.