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RIU buys Barcelona's Princesa Sofía hotel, its first in the city

The Mallorcan chain ends a decade-long search for a Barcelona investment with the 465-room tower near Camp Nou.

M&A News deals deskReal estate / Hotels · Spain, Europe30 Oct 2026

RIU Hotels & Resorts has acquired the Hotel Princesa Sofía in Barcelona from Blasson Property Investments and BNP Paribas Asset Management Alts, the Spanish hotel group said on 30 October 2026, without disclosing the price.

Why RIU Hotels & Resorts is buying Hotel Princesa Sofía (Barcelona)

RIU said Barcelona had been a strategic priority since it launched its Riu Plaza urban line in 2010 and that it had been looking for a suitable investment in the city for more than a decade. Chief executive Luis Riu said the hotel fulfilled a historic goal for the company.

Deal terms and financing

The price was not disclosed. RIU will assume direct management of the hotel from 1 April 2027, when it becomes the 14th Riu Plaza hotel.

Market context

The 19-floor hotel stands on Avenida Joan XXIII, a block from Avenida Diagonal and close to Camp Nou, and has one of Barcelona's largest meeting and event facilities. RIU operates 101 hotels in 22 countries.

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