The hotel chain Roc-Hotels has reached an agreement with the owners of the Don Miguel Hotel in Marbella, which has been closed since October 2004, to reopen the establishment in May 2011.
Roc Hotels will be renting the establishment from the current owners and refurbish the installations. The lease agreement will have a maximum duration of 15 years and also include a clause giving the new tenants a preferential buy option.
The Don Miguel hotel will keep its 4-star rating and will be managed by Roc-Hotels as an all-inclusive hotel.
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