Ona Hotels forecasts €250 million revenue in 2026
The group plans to add six new establishments
Ona Hotels & Apartments closed 2025 with a turnover of €200 million and investments totaling €95 million to expand its portfolio. The Barcelona-based chain, owned by the Barrau family, currently operates 52 establishments with 8,153 rooms across Spain, Morocco, and Andorra, and expects to reach €250 million this year.
34% growth driven by strategic acquisitions
Barcelona, 02/02/26
The Barcelona company, founded three decades ago by Carlos Barrau Ribera and fully controlled by the family, increased its revenue by 34% in 2025.
This growth was driven by increased activity across its network of hotels, aparthotels, and apartments, as well as the acquisition of new assets. On a like-for-like basis, the increase was 9%. The most significant operation of the year was the purchase from Globalia of six Be Live hotels (three in Tenerife and three in Morocco). The chain also acquired the Don Juan hotel in Lloret de Mar, two establishments in Mallorca and Tenerife, and in January announced the acquisition of Ritual Torremolinos. Net debt moved from 1x EBITDA to 1.8x following the intense investment effort.
Selective expansion focused on profitability
Nacho Barrau Puy, CEO of the company, highlights that 2025 was a record year with a substantial improvement in profitability derived from higher rates and economies of scale.
For 2026, the goal is to incorporate six more hotels, focusing on Cádiz and Morocco, as well as the Mediterranean coast, the Balearic Islands, and the Canary Islands. While some acquisitions are in advanced negotiations, the executive warns of growing market difficulties due to high asset prices. The chain maintains a selective approach and currently rules out entering new countries, arguing that there is sufficient potential in its current markets.
Family model with no changes in shareholding structure
The Barrau family remains committed to full control of the company and rules out bringing in financial partners in the short term.
However, Nacho Barrau notes that investors could purchase hotels from their portfolio for Ona to continue operating them under management contracts. This flexibility would allow the chain to expand its footprint without compromising its family business model. Of the current 52 establishments, 32 are owned, providing the group with strong asset stability. A low debt ratio and demonstrated financial strength position Ona Hotels to face 2026 with confidence in an increasingly competitive market.
infoodspro+
