*Corporate – March 4, 2013
Four Seasons Hotel Madrid to Revitalize Historic and Culturally Significant Buildings with Luxury Mixed-Use Development. Partnership with Grupo Villar Mir’s Inmobiliaria Espacio and Grupo OHL to develop first Four Seasons in Spain.
Following careful repairs,
sensitive restoration and modern renovations,
“The introduction of the world’s most prestigious hotel brand reinforces Madrid’s position as a venue for major international events,” said Juan-Miguel Villar Mir, head of Grupo Villar Mir, which through its subsidiaries Inmobiliaria Espacio and Grupo OHL is investing EUR 500 million in the project. “Further, the development project will contribute significantly to the reactivation of the local labour market, generating 4,800 jobs, including 1,800 during the construction stage and 3,000 direct and indirect permanent jobs.”
Grupo Villar Mir is one of the largest privately-owned Spanish
industrial groups, with a very important international presence and a diversified
activity portfolio. Founded in 1987, it is present in 40 countries in five
continents. In only 25 years, its activity portfolio has increased to include construction, transport infrastructure concessions, real estate development,
electrometallurgy, energy, fertilizers, and services sectors. In the tourist sector, and through
OHL Desarrollos, a division of Grupo OHL, it develops the Mayakoba luxury
resort in the Mayan Riviera in Mexico, with the participation of major
hotel groups such as Fairmont, Banyan Tree, Rosewood and Hyatt.
In Mayakoba, El Camaleón golf course, designed by Greg Norman, hosts the only PGA official tournament outside the US and Canada. The Mayakoba resort has been awarded by the World Tourism Organization and the Rainforest Alliance with their highest distinctions, Ulysses and Sustainable Standard-Setter respectively, for its strong commitment to sustainability.
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