Seeking operating or operation-ready small and mid-sized accommodation assets in central locations across Europe’s leading city and leisure destinations. Property types: 1-4★ hotels, hostels, guesthouses and tourist apartment buildings. Size: 20-70 keys, up to 120 in capital cities. Condition: Ready to operate. Light refurbishment considered; no major redevelopment. Structures considered: Acquisition, business transfer, lease or management contract. Source: Direct from the owner. The buyer will deal with owners and principals only. Target locations (central / city-centre positions) Spain: Madrid, Barcelona, Málaga/Marbella, Valencia, Seville, Alicante, Palma, San Sebastián, Bilbao, the Canary Islands, Tarifa and Cádiz Italy: Rome, Milan, Venice, Florence and Palermo Portugal: Lisbon area, Porto, Lagos, Madeira and the Azores France: Paris, Bordeaux, Biarritz-Hossegor, Aix-Marseille, Nice and Cannes Greece: Athens, Chania, Thessaloniki and Heraklion Other: London, Amsterdam, Berlin, Munich and comparable major cities To be screened, please include: city and area, number of keys, tenure (freehold, leasehold or lease terms), asking price or rent, current operator and structure, trading figures (revenue, occupancy, ADR, EBITDA), licence and tourist-registration status, and capex required.