Room00 Group, a Madrid-based urban lifestyle hospitality platform, has secured a â¬400M strategic investment from King Street Capital Management aimed at financing its expansion in key European markets. The investment will primarily support acquisition and refurbishment of hotel properties in major cities like Madrid, Barcelona, and Rome. Paul Brennan from King Street praised Room00 as an innovative platform with a strong business model focused on prime locations, which complements their real estate growth strategy in Europe. The company operates over 2,500 rooms, reflecting its commitment to authenticity and comfort for urban travelers.
The funding will help Room00 Group execute a pan-European expansion strategy while enhancing its development in key markets such as Spain, Portugal, and Italy.
We view Room00 as one of the strongest, most innovative and scalable platforms in the European hospitality landscape, thanks to its strategic focus on prime city centre locations.
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