Consortium instructed on Barceló acquisition in El Salvador
Consortium Legal, the Central American law firm, advised Barceló Hotels & Resorts on a multi million dollar acquisition in El Salvador.
Barceló Hotels & Resorts is the hotel division of Grupo Barceló, a tourism company headquartered in Palma de Mallorca, Spain.
The Hotel Princess is a five star hotel currently operating under the Hilton franchise. It is widely considered one of El Salvador´s most luxurious hotels. After the transaction, it will be rebranded as Barceló San Salvador.
Partners Diego Martin and Oscar Samour in El Salvador led the Consortium team advising Barceló.
Hoteles e Inversiones, the sellers, instructed Valdés, Suárez & Velasco.