08 Feb 2023 09:00 CET

Issuer

HOTELES BESTPRICE S.A.

The hotel chain, which is listed on EURONEXT PARIS, expands its hotel portfolio and lands in Valencia with its first establishment as an operator

February 8th,  2023. Hoteles BESTPRICE announces the landing in Valencia. The fifth hotel of the hotel chain adds 24 new rooms and will be its first establishment in the capital of Turia river. Located on Calle Beato Nicolás Factor 22, the new building is a new property that has been completely renovated to make it a new hotel BESTPRICE establishment.

The new BESTPRICE Valencia hotel is an example of sustainability and protection and enhancement of heritage. It is a protected building that has been rehabilitated maintaining its features and landscape integration in the environment, and achieving a high interior environmental quality with the combination of historical elements on the façade, structure and roof, with new materials and modern installation systems and high energy efficiency. Located in a privileged area of ​​Valencia, this thoroughfare has different shops and, due to its popularity, a multitude of tourist routes are created from here. It also has a great connection with public transport.

The new 2-star Hotel has 24 rooms, and will offer the best hotel stay prices with deluxe rooms in the city of Valencia, with a first-class service from the Reception team, a modern design of the facilities and an agile service , personalized and professional by a highly trained Guest Services team.

The building has been designed by GARRIDO STUDIO, a studio of architects specialized in the hotel sector, among others. With special sensitivity for the protection of the environment and architectural heritage, they have experience in sustainable building, accredited through the construction of buildings with BREEAM certification and Passivhaus seal.

Hoteles BESTPRICE has good growth prospects for the year 2023 with a forecast of 4.2 million euros of revenue. Occupancy rates have been close to 100% since the end of the pandemic and augurs good quarters in 2023 due to the strong demand for reservations received.

Hoteles BESTPRICE recently began trading on the stock market at a price of €1 per share and with an initial capitalization of €20.4M (€20,400,000). The banking entities CaixaBank, BBVA, Sabadell, Openbank, ActivoBank and Interactive Brokers support BESTPRICE Hotels with stock brokerage in EURONEXT PARIS in the debut of the Spanish company on the STOCK MARKET.

The ISIN code of the company is ES0105664009 and the acronym of the company in the EURONEXT PARIS is MLHBP.

In the words of Oscar Sánchez, president of BESTPRICE Hotels, “happy, happy, happy. Extremely happy to announce our new hotel in the capital of Turia river and our first, but not last, establishment in Valencia. Our proposal for deluxe rooms combines modernity, excellence, comfort and the supreme quality of our human team.”

Hoteles BESTPRICE is a new boutique hotel chain that debuts in the hotel catering market with a cutting-edge, unique, exclusive, and very appealing concept for all customers. Hoteles BESTPRICE provides the best hotel rates for its deluxe rooms along with a modern design of the facilities and an agile,  customized and professional service from highly skilled reception personnel. It has four boutique hotels, BESTPRICE Diagonal and BESTPRICE Gracia in Barcelona, BESTPRICE MADRID Alcalá and BESTPRICE Girona. For further information: https://hotelesbestprice.com/

 

Press contact: María Díaz

Tech Sales Comunicación – Gabinete de Prensa

http://www.techsales.es

Source

HOTELES BESTPRICE S.A.

Provider

Euronext

Company Name

HOTELES BESTPRICE

ISIN

ES0105664009

Symbol

MLHBP

Market

Euronext Access