In December 2025, iAM Capital acquired a hostel asset in San Sebastián, located approximately five minutes from Playa de Ondarreta. CATS Hostels will operate the property going forward. The asset benefits from strong tourism demand and a prime coastal micro-location within walking distance of the city’s most popular beaches. The business plan targets operational efficiencies and guest-experience upgrades.

Acquisition DateDecember 2025
LocationSan Sebastián, Spain
Fund NameICE III
# of Beds133
StrategyRepositioning
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