6. January 2025

Alfa Framtak acquires Hotel Eyja

Alfa Framtak has acquired a 100% stake in Hotel Eyja ehf which is a 65-room, four-star hotel located in Brautarholt, Reykjavik. The hotel opened in 2016 and has been owned and operated from the beginning by Linda Johannsdottir and Ellert Finnbogason.

Hotel Eyja will become the sixth hotel that private equity fund Alfa Framtak has aquired and the first located in Reykjavik. Other hotels owned by Alfa Framtak include Hotel Hofn in Hofn, Hotel Hamar in Borgarnes, Umi Hotel in South Iceland, Hotel Flokalundur in the Westfjords, and Magma Hotel near Kirkjubaejarklaustur.

The transaction is subject to approval by the Icelandic Competition Authority. Fossar acted as financial advisor to the seller and sincerely congratulates both parties on the transaction.