Marc Rahola Matutesfounder and CEO of OD Group, has closed the sale of the OD Talamanca hotel, an exclusive five-star establishment located in the bay of Talamanca, in Ibiza. The hotel, which has 117 rooms and is a benchmark of luxury on the island, will continue to be managed by the chain under the Ocean Drive brand for the next 25 years.
The transaction, which includes the transfer of OD International Hotels’ stake in the asset, has been carried out with a group of private investors who have decided to entrust the management of the hotel to the OD Hotels team. According to the company, this move reaffirms the strength of the brand and its ability to maintain its position in the luxury hotel sector. The sale process has been advised by CBRE, a consulting firm specializing in real estate services. Jorge Ruiz, director of Hotels in Iberia at CBRE, highlighted that this transaction is an example of the great interest in the hotel sector in Spain, especially in the luxury segment, which has established itself as one of the most attractive for investors. “Tourism continues to grow, and the operating performance of luxury hotels positions them as resilient assets in an increasingly polarized market,” Ruiz explained. The Spanish hotel sector has accumulated a total investment of €24 billion between 2017 and 2024, positioning it as the main focus of interest for investors compared to other types of real estate assets. According to CBRE data, this segment has accounted for between 20% and 25% of total investment in Spain during 2024, above the European average of between 10% and 15%. So far this year, the hotel sector has been the second in terms of investment volume in the country, with 1.7 billion euros transacted up to September, equivalent to 21% of the total.
