Palladium Hotel Group announces new President & CEO

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Palladium Hotel Group announces new President & CEO

Palladium Hotel Group celebrates its 50th anniversary this year and has chosen the Feria Internacional de Turismo (FITUR) to make the most prominent announcement of new president and CEO. Abel Matutes Prats will be the new president and Jesús Sobrino the new CEO of Palladium Hotel Group, Manager and Owner of the hotel brands. Sobrino has until now held the position of Deputy Director General, which will now go to Carmen Matutes Prats. After 50 years of experience in the tourism sector, Grupo Empresas Matutes is reforming its organisational structure to adapt to new times, with the company committed to the separation of real estate management and hotel operation.

For his part, Abel Matutes Juan, founder and president of the company since its inception, will maintain the presidency of the holding company Grupo Empresas Matutes to which Palladium Hotel Group belongs. During the presentation of the company’s latest news, the president of Grupo Empresas Matutes, Abel Matutes Juan; the president of Palladium Hotel Group, Abel Matutes Prats; and the CEO of the hotel company, Jesús Sobrino, also presented a positive balance for 2019. It was the year in which Palladium Hotel Group managed a turnover that exceeded 752 million euros, representing a growth of 13 percent compared to the previous year.

In 2020, Palladium Hotel Group will continue to consolidate its expansion strategy with important openings. The first will be Palladium Hotel Menorca, a four-star all-inclusive hotel that will be one of the group’s most ambitious projects in the Spanish market and in which the company will invest 26 million euros for its renovation. Also in the Mediterranean, specifically in the north of the Italian island of Sicily, Palladium Hotel Group will open Grand Palladium Garden Beach Resort & Spa and Grand Palladium Sicilia Resort & Spa with Azora as a strategic partner.

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