News

Aðaltorg completed financing of an airport hotel in Keflavik

19. July 2018

Aðaltorg ehf. has secured financing for a 150 room Courtyard by Marriott airport hotel. Arctica Finance was the financial advisor to Aðaltorg in the transaction. The project will break ground today and be completed by fall 2019. Keflavik Airport establishment as a hub airport has created an opportunity and demand for an international airport hotel.

Marriott is the largest hotel chain in the world with operating over 6.500 hotels and 30 brands. There are over 1.100 Marriott Courtyard brands some located at or close to many of Europe‘s main airports.