Grupo Martinon

Trade risk

Spain.

Summary

"Spanish hotel group Grupo Martinon has officially declared its readiness to invest in the construction of three hotels in Iran. In a letter to the Tourism Holding of Social Security Organization (known locally by its Persian acronym HEGTA), the Madrid-based group formally declared its intention to invest in three hotels being built by Homa Hotel Group, one each in Tehran, Mashhad and Isfahan, Donyaye Safer reported." (Financial Tribune, "Spanish Group Interested in Hotel Investment," 10/24/2016). (https://financialtribune.com/articles/people-travel/51927/spanish-group-interested-in-hotel-investment)

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