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The company, based in Spain, is engaged in the provision of hotel and related hospitality services. It was incorporated in July of 2001. The company has its registered business head office located in Madrid in Spain. The company, through Hotel Villa Magna, offers 150 luxurious rooms and suites on Paseo de la Castellana, in the heart of the Spanish capital. It is one of the leading hotels in the world. The hotel offers a wide range of services including lodging/accommodation, hosting business functions and meetings, event catering, food and beverage services, and recreational, conference rooms, and convention services. It also provides spa, leisure, and relaxation services. In addition, the company provides services such as travel arrangement, reservation services, and other booking services. These services cater the needs of both business and leisure travelers.