ADIA Bets on Europeans Taking Vacations in Spain
Posted on 02/03/2023
The Abu Dhabi Investment Authority (ADIA) is looking to get back into investing in hotels and hotel developments. ADIA is in talks to purchase a 51% stake in the Calviá Beach Project, which includes seven hotels in Magaluf. Magaluf is a major holiday resort on the Spanish island of Majorca. The seller of the stake…
