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PKF HOSPITALITY GROUP EXPANDS: NEW OFFICE IN MADRID TO COVER THE IBERIAN PENINSULA (Spain)

PKF hospitality group, the international market leader in hotel, living, tourism and leisure consulting, is expanding.

PKF HOSPITALITY GROUP EXPANDS: NEW OFFICE IN MADRID TO COVER THE IBERIAN PENINSULA (Spain)

PKF hospitality group, the international market leader in hotel, living, tourism and leisure consulting, is expanding.

Category: Europe - Spain - Careers - Appointments
This is a press release selected by our editorial committee and published online for free on 2022-02-28


The global company opened a new office in Madrid, C/ Orense 81, to cover the Iberian Peninsula.

The heads of PKF hospitality in Spain are Gabriele Kiessling and Stephan Reichelt: “Hotel investments in Spain have exceeded pre-pandemic levels and reached a total of €3.2 billion. 2022 is confirming this trend with a robust pipeline of deals in place, and still more under negotiation. With positive market fundamentals ahead of us and a strong investor appetite, we are delighted to be part of PKF hospitality’s international expansion with the opening of the office in Madrid covering the Iberian Peninsula.”

Michael Widmann, Global CEO of the PKF hospitality group: We are very happy that we are now in Madrid and that we have added renowned experts of the local market to our team with Gabriele and Stephan. We believe that through our different service lines for hotel, serviced living, tourism and leisure investments, we can add value to the local industry by combining our international expertise and network.”

Gabriele Kiessling joined PKF hospitality group in Madrid in January 2021.

As Managing Director, she leads the activities on the Iberian Peninsula and, as Head of Feasibility Studies & Valuations, she leads the corresponding teams globally.

Prior to that, Gabriele spent 15 years working for various consulting firms such as HVS, CBRE and Solutions dot WG in the field of strategic consulting. She holds a Master of Business Administration (MBA) in Real Estate Management from HTW Hochschule für Technik und Wirtschaft in Berlin and a Bachelor of Arts in Tourism Management from the University of Surrey in London.

Stephan Reichelt joined PKF hospitality group in Madrid in January 2021.

He brings over 25 years of consulting and operational experience within international hospitality management companies. As Managing Director, he oversees the activities of the PKF hospitality group on the Iberian Peninsula.

Stephan is also involved in international asset management, strategic consultancy and project development assignments. Prior to joining the PKF hospitality group, Stephan held various management positions for international hotel groups in destinations including Raffles in London, InterContinental in Paris and Oman, and Four Seasons Hotel in Damascus, to name a few.

Stephan holds a Bachelor of Science degree in International Hospitality Management from the International College of Hospitality Administration (ICHA Brig, César Ritz, Swiss Education Group) in Switzerland, a joint degree with the University of Massachusetts, Boston, US. Stephan has been a member of the Royal Institution of Chartered Surveyors (RICS) since 2017.

In Spain, PKF hospitality will work closely with PKF Attest.

Santiago González, Partner at PKF Attest states thatWe are one of the top ten professional services firms for companies and institutions in Spain.”

With more than 30 years of experience and with a staff of more than 600 professionals in 11 offices, PKF Attest provides professional services such as consulting, legal and tax, auditing and assurance, information technology, R&D&I incentives, organization and people management, capital markets, corporate finance and regulation.

In a joint effort between PKF Attest and PKF hospitality, we are offering a comprehensive advisory service at any point in the life cycle of hotels and residential assets. Our support is aimed at owners of hospitality assets, hotel chains and financial institutions located in our part of the world”, report the joint venture team leaders.

The first successes of the joint venture were the ongoing support of an international investor in its acquisition process and commercial due diligence throughout Spain.

More information about PKF hospitality group

PKF hospitality group is an internationally recognised leader in hospitality and tourism consulting. With a team of 100 consultants in 20 offices on all continents and an experience of almost 100 years, PKF hospitality group offers focused consulting services in the environment of hotel, serviced living, tourism and leisure investments - including feasibility studies, valuations, operator search, project development, financing and investment consulting, asset management, research & benchmarking as well as strategic consulting.

PKF Attest is one of the top ten Spanish professional services firms for companies and institutions, with more than 30 years of experience and a staff of more than 600 professionals. The firm provides services such as information technology, business solutions, R+D+i incentives, organization and people management, capital markets, corporate finance, legal and tax advice, regulation, auditing and assurance and consulting. has offices in Madrid, Barcelona, Bilbao, Palma de Mallorca, Pamplona, San Sebastián, Santa Cruz de Tenerife, Seville, Valencia, Valladolid and Vitoria. Since 2010, PKF Attest has been part of the PKF International Network, present in more than 150 countries on 5 continents.


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