# Kaya buys the ME Barcelona for €100M, Meliá keeps operating

Canonical-URL: https://notitur.com/en/digest/kaya-buys-me-barcelona-melia
Text-Version: https://notitur.com/en/digest/kaya-buys-me-barcelona-melia.txt
Markdown-Version: https://notitur.com/en/digest/kaya-buys-me-barcelona-melia.md
Language: en
Published: 2026-08-06T10:17:27.662Z
Modified: 2026-08-07T16:34:38.285Z
Author: Joan Sanz
Topics: Investment & M&A
Summary: Turkish group Kaya pays over €100M for the ME Barcelona. Meliá stays as operator. Our read on the deal.

## Article

The **ME Barcelona** hotel changes hands, but not operator. Turkish group **Kaya** has paid over **€100 million** for the 164-room property, as reported by [Hosteltur](https://www.hosteltur.com/177879_el-grupo-turco-kaya-compra-el-hotel-me-barcelona-y-mantiene-a-melia-como-operador.html?utm_source=rss&amp, utm_medium=rss&amp, utm_campaign=el-grupo-turco-kaya-compra-el-hotel-me-barcelona-y-mantiene-a-melia-como-operador), and **Meliá** will keep managing it. That classic split between ownership and management works well for Spanish hospitality.

The ME Barcelona opened in November 2021, after a six-year renovation, with 12,649 square meters and 3,000 of outdoor space. The deal lands in a strong half-year: hotel investment in Spain topped **€2.53 billion**, and [Hosteltur](https://www.hosteltur.com/177879_el-grupo-turco-kaya-compra-el-hotel-me-barcelona-y-mantiene-a-melia-como-operador.html?utm_source=rss&amp, utm_medium=rss&amp, utm_campaign=el-grupo-turco-kaya-compra-el-hotel-me-barcelona-y-mantiene-a-melia-como-operador) highlights Barcelona as the leading market for profitability, with more than **€160 million** moved in hotel assets alone.

My take: Turkish money is eyeing Barcelona as a safe bet, and Meliá is doing the hard part, keeping the operation without locking up cash. The owner holds the asset, the operator brings brand and distribution. Short term, few better pieces of news for a city hotel than keeping the team.

## Sources

- Hosteltur: https://www.hosteltur.com/177879_el-grupo-turco-kaya-compra-el-hotel-me-barcelona-y-mantiene-a-melia-como-operador.html?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=el-grupo-turco-kaya-compra-el-hotel-me-barcelona-y-mantiene-a-melia-como-operador

## Citation

Kaya buys the ME Barcelona for €100M, Meliá keeps operating. Notitur. 2026-08-06. https://notitur.com/en/digest/kaya-buys-me-barcelona-melia
