EXTENDAM and Continuum Hospitality Group are set to convert a newly built independent hotel in Santander into the first ibis Styles, enhancing accommodation options in the region.

Target Information

EXTENDAM and Continuum Hospitality Group are collaborating to transform a 93-room independent three-star hotel, located near downtown Santander, into an ibis Styles hotel. Opened in July 2022, this recently built property requires only a minor renovation program to facilitate the rebranding, which will establish it as the first internationally branded hotel in Santander.

The future ibis Styles is strategically positioned in Barrio Pesquero, southwest of Santander's city center, close to the Marquès de Valdecilla University Hospital—the primary medical facility in the region—along with proximity to the industrial port and the airport.

Industry Overview in Spain

Spain’s hospitality sector is vibrant and diverse, characterized by a mix of independent hotels and local brands, particularly in urban areas. The demand for hotel accommodations in regions like Cantabria is influenced by various factors including the influx of business travelers, healthcare-re

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EXTENDAM

invested in

ibis Styles Santander

in 2025

in a Other Private Equity deal

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