# Extendam buys three 4-star hotels in Madrid and Barcelona

Canonical-URL: https://notitur.com/en/digest/extendam-buys-hotels-madrid-barcelona
Text-Version: https://notitur.com/en/digest/extendam-buys-hotels-madrid-barcelona.txt
Markdown-Version: https://notitur.com/en/digest/extendam-buys-hotels-madrid-barcelona.md
Language: en
Published: 2026-07-04T14:15:58.592Z
Modified: 2026-07-04T14:15:58.592Z
Author: Joan Sanz
Topics: Investment & M&A
Summary: French firm Extendam adds three 4-star hotels in Madrid and Barcelona to its portfolio, reaching 35 properties in Spain.

## Article

French asset manager **Extendam** keeps expanding in Spain. It just bought three **4-star hotels** in Madrid and Barcelona, pushing its local portfolio to **35 hotels** and over **4,400 rooms**. In Madrid it acquired the **Crowne Plaza** (a business district staple), the other two are in Barcelona, though the firm hasn't disclosed their commercial names.

The move fits Extendam's strategy of focusing on the **upper midscale segment** in major cities. Buying three assets at once gives it operational scale and stronger negotiating power with OTAs and suppliers. This deal shows that **investor appetite for Spanish hotel real estate** remains healthy despite macro headwinds. It will be interesting to see whether they rebrand any of the properties or keep the existing flags.

Fun fact: Extendam started with one hotel in 2014 and has built one of the most diversified portfolios in just ten years. For the full scoop, check out the original story on [Hosteltur](https://www.hosteltur.com/177328_extendam-compra-tres-hoteles-de-4-estrellas-en-madrid-y-barcelona.html?utm_source=rss&utm_medium=rss&utm_campaign=extendam-compra-tres-hoteles-de-4-estrellas-en-madrid-y-barcelona).

## Sources

- Hosteltur: https://www.hosteltur.com/177328_extendam-compra-tres-hoteles-de-4-estrellas-en-madrid-y-barcelona.html?utm_source=rss&utm_medium=rss&utm_campaign=extendam-compra-tres-hoteles-de-4-estrellas-en-madrid-y-barcelona

## Citation

Extendam buys three 4-star hotels in Madrid and Barcelona. Notitur. 2026-07-04. https://notitur.com/en/digest/extendam-buys-hotels-madrid-barcelona