Room00 Funding News- Madrid-based Room00 Raises €400M To Redefine Urban Hospitality Across Europe

This funding will support Room00’s expansion across Europe, focusing on key markets like Spain, Portugal, and Italy. The money will mainly be used to buy and renovate hotels in top city locations such as Madrid, Barcelona, Lisbon, Porto, Milan, Rome, and Florence.

“This investment from King Street validates our business model as the leading vertically integrated hotel operating and investment platform in the Southern European urban lifestyle hospitality industry, and will allow us to accelerate growth via acquisitions of prime real estate, attract the best talent and open new opportunities for collaboration with investors who share our long-term vision,” said Ignacio Requena, CEO of Room00.

Founded in 2012, Room00 is a modern urban hospitality platform that blends design, local culture, and technology to offer comfortable stays in top city locations. The company runs its own flexible brands tailored to urban travelers looking for authentic experiences. Currently active in Spain and Portugal, Room00 is now expanding across Europe.

Read More - UK Pension Funds Commit £50bn to Boost Startups and Infrastructure

The company will continue growing through leases and hotel management deals, and with new funding, it can now buy properties directly. In Italy, Room00 has partnered with Kryalos SGR to set up a local property investment vehicle.

Room00 plans to grow to 200 properties with 15,000 rooms across Southern Europe within four years, and add 20 more properties with 1,000 rooms in London, starting with its first UK asset by the end of 2025.

“We view Room00 as one of the strongest, most innovative and scalable platforms in the European hospitality landscape,” said Paul Brennan, Partner and Co-Head of Real Estate at King Street. “Its fully integrated operating model and strategic focus on prime city centre locations position it as a valuable partner for our real estate growth strategy in Europe.”

King Street is a global investment firm founded in 1995, managing more than €25.2 billion in assets. It invests across public and private markets, using deep research, smart trading strategies, and unique sourcing to find undervalued opportunities across different asset types and capital structures.

About Room00

Room00 Group started in 2012 and has grown into a leading lifestyle hospitality platform in Southern Europe. We operate creative brands like Room00 Hostels, Room Select Hotels, and LETOH LETOH, offering stylish, comfortable stays in top city locations across Spain and Portugal. Our mission is to give urban travelers unique and memorable experiences by blending smart design, local culture, and modern technology.