Líbere Hospitality Group (LHG) has reported revenues of €12.1m (£10.4m) for the first half of 2025, a 51.6% increase on the same period last year.
The Spanish operator of short- and mid-stay accommodation said average occupancy reached 82% from 42,900 reservations, which it described as a consolidation of its expansion strategy.
In Spain, the group opened three properties in Barcelona, Valencia and Oviedo, bringing its domestic portfolio to 21 sites. It said Barcelona, Madrid and Vitoria-Gasteiz are expected to generate projected full-year revenues of €7m (£6m), €4.3m (£3.7m) and €3.5m (£3m) respectively, with cities such as Valencia, Málaga and Córdoba showing double-digit growth.
Internationally, LHG opened four new properties in 2025, marking entry into Italy, Greece and the UK. These included sites in Milan, Porto, London and Athens. The Athens opening in July, comprising 57 apartments near the Acropolis, was its first in Greece.
Following the new openings, the group operates 21 properties in Spain with 2,146 units, of which 772 are active. It also runs five international properties totalling 283 units.
LHG expects to close 2025 with revenue of €32m (£27.7m), supported by demand in Barcelona, Madrid and the Basque Country, as well as growth in direct bookings and international travel. Further European openings and new technology investments are planned in the second half of the year.
Co-chief executive Antón de la Rica said: “This first half demonstrates that our value proposition is increasingly competitive. We are growing steadily with a model that combines technology, prime locations, and design to deliver unique experiences to our guests.
“Entering new markets like the UK, Italy, and Greece is a crucial step in our international strategy. We aim to consolidate our position as one of Europe’s leading alternative accommodation operators.”
