In September 2021, Brookfield acquired Selenta Hospitality Group, a Spanish hotel owner and operator, and a portfolio of four hotels comprising over 2,200 keys. This was a unique opportunity to enter some of Spain’s most in-demand and high barrier-to-entry markets, with an established management platform and the opportunity to expand in southern Europe.
We are working alongside the management team to scale the portfolio using Brookfield’s experience of building platform businesses and investing in best-in-class operating systems, as well as strategically repositioning the assets through a capex program.
Since Brookfield’s investment, Selenta has grown to a portfolio of six assets with nearly 3,000 keys.
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