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Hotel Economique Catalunya #3

presented by October Spain

€311,300

7.65%

48 months

B

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location

Location

Granollers, Spain

activity

Activity

Restaurants and catering services

Presentation of the company

Created in 2012 Hotel Economique Catalunya Sl. is active in the hotels and similar accommodation  sector. The company, based in Granollers, has 10 employees. Since 2012 it is managed by Laurent Gauze who has 10 years of experience in the industry.

Main activities:

– Management of 2 hotels in Catalonia under the brand IBIS (Accor Group)

The company is part of a Group which manages a total of 10 hotels in Spain and Portugal.

Project description

The Company requests 311 300 € over 48 monhts to finance the 2022-2023 refurbishment plan for the hotels. This project will be realised in the next few months. The amount offered on the platform is limited to 152 520 € which is in line with the regulatory limits. October has already supported the Group with 3 projects of which 2 are still in repayment. Current outstanding is 148 447 € under regular repayment.