{"id":11503,"date":"2021-11-08T14:25:44","date_gmt":"2021-11-08T14:25:44","guid":{"rendered":"https:\/\/rclawllp.net\/?p=11503"},"modified":"2024-10-05T08:50:53","modified_gmt":"2024-10-05T08:50:53","slug":"rc-law-advises-hotel-barcelo-hotel-group-palo-alto-california","status":"publish","type":"post","link":"https:\/\/rclawus.com\/rc-law-advises-hotel-barcelo-hotel-group-palo-alto-california\/","title":{"rendered":"RC Law Advised Hotel Owner on a Deal with Barcelo on US Hotel"},"content":{"rendered":"\r\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13324\" src=\"https:\/\/i0.wp.com\/rclawus.com\/wp-content\/uploads\/2022\/01\/ferrado-properties.png?resize=800%2C600&#038;ssl=1\" alt=\"El prado hotel california\" width=\"800\" height=\"600\" srcset=\"https:\/\/i0.wp.com\/rclawus.com\/wp-content\/uploads\/2022\/01\/ferrado-properties.png?w=800&amp;ssl=1 800w, https:\/\/i0.wp.com\/rclawus.com\/wp-content\/uploads\/2022\/01\/ferrado-properties.png?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/rclawus.com\/wp-content\/uploads\/2022\/01\/ferrado-properties.png?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/rclawus.com\/wp-content\/uploads\/2022\/01\/ferrado-properties.png?resize=705%2C529&amp;ssl=1 705w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\r\n\r\n\r\n\r\n<p><strong>RC Law<\/strong> advised Ferrado Inmuebles on a complex operating lease to transfer the management of <strong>El Prado Hotel<\/strong>, a 62-room luxury hotel located in Palo Alto, California, to <strong>Crestline Hotels &amp; Resorts<\/strong>, the US affiliate of Palma de Mallorca based Barcelo Hotel Group.\u00a0<strong> Ferrado Inmuebles<\/strong> is the real estate investment group owned by Sandra Ortega.\u00a0 Crestline was advised by <strong>Eckert Seamans <\/strong>of Pittsburg, Pennsylvania.<\/p>\r\n\r\n\r\n\r\n<p><strong>PRESS RELEASES<\/strong><\/p>\r\n\r\n\r\n\r\n<p>Sandra Ortega sigue tratando de rentabilizar sus inversiones inmobiliarias a trav\u00e9s de su sociedad inmobiliaria (Ferrado Inmuebles) tras el desplome sin precedentes provocado por el coronavirus.\u00a0Tras cerrar 2020 con unas p\u00e9rdidas de 128,5 millones de euros, la compa\u00f1\u00eda est\u00e1 revisando todos los contratos en vigor para revertir una cuenta de resultados negativa. Y el \u00faltimo movimiento se ha producido esta ma\u00f1ana, en la que la hotelera Barcel\u00f3 ha anunciado que Crestline Hotels &amp; Resorts, la gestora que opera sus inmuebles en EE UU, se ha hecho con la gesti\u00f3n del hotel El Prado, propiedad de Ferrado Inmuebles.<\/p>\r\n\r\n\r\n\r\n<p>El inmueble, situado en Palo Alto (California), cuenta con 62 habitaciones y ha sido reformardo \u00edntegramente. &#8220;El Prado es uno de los hoteles m\u00e1s emblem\u00e1ticos del centro de Palo Alto. Se trata de un sofisticado y elegante establecimiento, ideal tanto para los visitantes como para los residentes. Estamos deseando incorporar el servicio caracter\u00edstico de Crestline a este hist\u00f3rico hotel\u201d, ha recalcado\u00a0James Carroll, presidente de Crestline Hotels &amp; Resorts.<\/p>\r\n\r\n\r\n\r\n<p>Las p\u00e9rdidas de la sociedad inmobiliaria han deteriorado las cuentas del holding Rosp Corunna en el que se integra.\u00a0Esta sociedad perdi\u00f3 91 millones en 2020\u00a0y sus ingresos cayeron un 24% hasta los 159,6 millones de euros.<\/p>\r\n\r\n\r\n\r\n<p>Source: <a href=\"https:\/\/cincodias.elpais.com\/cincodias\/2021\/11\/05\/companias\/1636116593_888274.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/cincodias.elpais.com\/cincodias\/2021\/11\/05\/companias\/1636116593_888274.html<\/a><\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator\" \/>\r\n\r\n\r\n<p>Barcel\u00f3 Hotel Group has signed an agreement to\u00a0<strong>manage a hotel located in Palo Alto<\/strong>\u00a0(California, United States), owned by\u00a0Sandra Ortega, through the hotel\u2019s US management company,\u00a0<strong>Crestline Hotels &amp; Resorts.<\/strong><\/p>\r\n\r\n\r\n\r\n<p>The hotel is owned by Ferrado Inmuebles, which in turn belongs to\u00a0<strong>the daughter of the founder of Inditex<\/strong>, Amancio Ortega, and that she has selected Crestline Hotels &amp; Resorts to take over the management of El Prado Hotel.<\/p>\r\n\r\n\r\n\r\n<p>This hotel \u2019boutique\u2019<strong>\u00a0deluxe\u00a0<\/strong>It offers 62 rooms and \u2018suites\u2019 and is characterized by its Spanish architecture and its European atmosphere.<\/p>\r\n\r\n\r\n\r\n<p>Source: <a href=\"https:\/\/live-feeds.com\/barcelo-will-manage-a-sandra-ortega-luxury-hotel-in-palo-alto-california\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/live-feeds.com\/barcelo-will-manage-a-sandra-ortega-luxury-hotel-in-palo-alto-california\/<\/a><\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator\" \/>\r\n\r\n\r\n<p>Barcel\u00f3 Hotel Group has signed an agreement to manage a hotel located in Palo Alto (California, USA), owned by Sandra Ortega, through the hotel\u2019s American manager, Crestline Hotels &amp; Resorts.<\/p>\r\n\r\n\r\n\r\n<p>The hotel is owned by Ferrado Inmuebles, which in turn belongs to the daughter of the founder of Inditex, Amancio Ortega, and who has selected Crestline Hotels &amp; Resorts to take over the management of El Prado Hotel.<\/p>\r\n\r\n\r\n\r\n<p>This luxury boutique hotel offers 62 rooms and suites and is characterized by its Spanish architecture and European atmosphere.<\/p>\r\n\r\n\r\n\r\n<p>Source: <a href=\"https:\/\/today.in-24.com\/business\/553799.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/today.in-24.com\/business\/553799.html<\/a><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>RC Law advised Ferrado Inmuebles on a complex operating lease to transfer the management of El Prado Hotel, a 62-room luxury hotel located in Palo Alto, California, to Crestline Hotels &amp; Resorts, the US affiliate of Palma de Mallorca based Barcelo Hotel Group.\u00a0 Ferrado Inmuebles is the real estate investment group owned by Sandra Ortega.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13324,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29],"tags":[20],"class_list":["post-11503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-xavier-ruiz"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/rclawus.com\/wp-content\/uploads\/2022\/01\/ferrado-properties.png?fit=800%2C600&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/posts\/11503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/comments?post=11503"}],"version-history":[{"count":6,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/posts\/11503\/revisions"}],"predecessor-version":[{"id":14261,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/posts\/11503\/revisions\/14261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/media\/13324"}],"wp:attachment":[{"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/media?parent=11503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/categories?post=11503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rclawus.com\/wp-json\/wp\/v2\/tags?post=11503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}