Angelo Gordon acquires insolvent Spanish hotel chain in pre-pack deal
Checked out: Enrique Sarasola Jr speaking at the World Travel & Tourism Council Summit 2017 (Credit: Flickr/ World Travel & Tourism Council)
A Spanish hotel chain founded by a three-time Olympic equestrian has been acquired by US-headquartered investor Angelo Gordon and Canadian hotel manager Westmont Hospitality Group after entering a pre-pack reorganisation in Madrid.
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