Honolulu-based investment firm Trinity Investments has acquired The Hoxton, Poblenou in Barcelona, marking its third European hotel purchase since entering the London market. The lifestyle property, located in the city’s 22@ innovation district, has 240 rooms, a rooftop pool, and multiple dining venues. Financial terms were not disclosed, and the deal includes a co-investment from an international partner. Observers note that the acquisition adds to Hawaii-based investors’ holdings in international hospitality markets.
Deal details and partners
According to a press release on Business Wire, Trinity acquired The Hoxton, Poblenou, a 240-room lifestyle hotel that opened in 2022 and includes four food-and-beverage outlets, flexible meeting space, and a rooftop lounge. The release states that Trinity invested alongside Partners Group and another unnamed co-investor, with Partners Group confirming the co-investment. Ryan Donn, head of Trinity’s London office, said the acquisition aligns with the firm’s European strategy.
Trinity's European push
The Barcelona acquisition follows Trinity’s earlier European purchases of The Standard London and the Park Hyatt Zurich, covering both luxury and lifestyle segments. The outlet notes that Trinity opened its London office in 2023 to support its European operations and that the purchase price for The Hoxton, Poblenou was not disclosed.
Why Hawaii watchers should care
Trinity Investments lists Honolulu as one of its headquarters and states that it has invested more than $10 billion across the U.S., Mexico, Europe, and Japan. With offices in Honolulu, Los Angeles, and London, the company maintains teams to source deals and manage hotels across different regions. The company also works with international capital partners to participate in major distribution networks and loyalty programs.
Barcelona market context
In its statement, Web Disclosure highlighted market factors in Barcelona, noting that Spain received about 84 million visitors in 2024 and that limited new hotel development could support pricing for existing properties. The company said it plans to focus on increasing group bookings and utilizing the hotel’s food-and-beverage spaces to drive revenue.
What comes next
Neither Trinity nor Partners Group has provided an immediate renovation schedule in public statements, but both indicated they will use Accor’s distribution and loyalty platforms for the Hoxton brand. The property will remain in Accor/Ennismore’s lifestyle portfolio while the new ownership focuses on operational initiatives to increase group bookings and food-and-beverage revenue. The deal adds to the trend of U.S.-based and Pacific investors participating in Europe’s hospitality market.
