U HOSTELS Albergues Juveniles S.L. was acquired by Safestay on May 22, 2017

LeisureCompany

Out of 60 sectors in the Mergr database, leisure ranked 40 in number of deals in 2017. The largest leisure acquisition in 2017 was Parkdean Resorts UK - which was acquired by Onex Partners for $2.1B.

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U HOSTELS Albergues Juveniles, S.L.

C/ Sagasta, 22,
Madrid, 28004
Spain,
+34 91 445 03 00
www.en.uhostels.com

U HOSTELS Albergues Juveniles, S.L. includes three leasehold properties, A 226 bed luxury hostel located in the heart of Madrid, operating since 2013 under the U Hostels brand with a 15 year lease. An apartment block situated next to the Madrid hostel. This block is made up of 14-one bedroom and 20-two bedroom apartments which are currently being renovated and will open during 2018. The apartments will be managed by the hostel management team. A 2,300 sqm building in Montmartre, Paris with 2017 planning for conversion into a circa 260 bed hostel. The building is ideally located to become a Safestay hostel, it has a 12+12 year lease effective from the opening of the hostel.


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