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Profile

Angel Palomino

Director, Azora

Director of Azora since December 2010.

Founded in 2003 Azora has, at present, over €4BN (asset value) under management. Azora’s presence in the hotel industry dates from 2011 through its fund CVA, a fund currently owning 7 assets in major markets such as the Renaissance M Street in Washington DC, the Dylan Hotel in New York, the NH Kensington in London, the Steigenberger Berlin, the Steigenberger Cologne and the NH Rex in Geneva.

Azora launched, in 2014, the fund Hispania, quoted in the Spanish Stock Market, aiming to bring together, through Azora’s investment and management, a portfolio of high-quality real estate assets by investing primarily in hotels, residential properties and offices in Spain.

Hispania owns today 36 hotels, mainly resorts—but with a solid presence in the cities of Madrid, Barcelona, Malaga and Zaragoza—with more than 10,400 keys, plus additional land for development and is the largest hotel owner, non-operator, in Spain.

Previously, since 1991 and up to his resignation, at the end of 2006, Angel Palomino served as Executive Vice President and member of Melia‘s Executive Board.

In July 1998 he became EVP for Global Development of Meliá, driving the continued growth of the company and developing new business concepts and company Divisions such as the Sol Meliá Vacation Network, the Asset Management Division and several Joint Ventures and alliances with companies such as Hard Rock and Cendant.

Speaker at several industry forums, including various editions of the IHlF, the European Hotel Industry Investment Conference, the American Bar Association/International Bar Association, the MR&H Forum,  the Madrid Summer University, the Spain/China Forum, the ESADE Business School…

General Secretary for the Industry at the II and III China-Spain Tourism Congress; Member of the Advisory Board of the Master in Hospitality & Tourism Management ESCP Europe Business School and Member of the International Researchers Guild based in Toledo.