EXTENDAM is set to transform a parking lot in Cordoba, Spain into a 96-room ibis Budget hotel, marking the city's first international brand hotel, with plans for opening in 2026.

Target Information

EXTENDAM has announced the acquisition of a currently developed parking lot in Cordoba, Spain, which will be transformed into a 96-room ibis Budget hotel. Scheduled to open in 2026, this establishment will be managed by DG Invest, a long-standing partner of EXTENDAM with extensive experience in the Spanish market and in managing hotels under the Accor brand. Notably, this will be the first international brand hotel in the city.

Industry Overview in Spain

Cordoba, the fourth largest city in Andalusia, has predominantly independent hotels and currently lacks any hotels operating under international brands. The forthcoming ibis Budget Cordoba is poised to quickly attract guests and stand out through its affiliation with Accor, a brand highly recognized in Spain. The hotel will be located in the Fray Albino residential area, situated along the left bank of the Guadalquivir River, in close proximity to downtown Cordoba.

The new hotel will feature 96 rooms, including a rooftop pool, providing a strategic location just minutes from major tourist sites such as the Museum of Modern Art, the historic Mosque-Cathedral of Cordoba, and the Nuevo