# El Corte Inglés negotiates full control of travel subsidiary

Canonical-URL: https://hoteltech.news/digest/el-corte-ingles-travel-subsidiary-control
Text-Version: https://hoteltech.news/digest/el-corte-ingles-travel-subsidiary-control.txt
Markdown-Version: https://hoteltech.news/digest/el-corte-ingles-travel-subsidiary-control.md
Language: en
Published: 2026-07-29T12:46:23.431Z
Modified: 2026-07-29T12:46:23.431Z
Author: Joan Sanz
Topics: Investment & M&A
Summary: El Corte Inglés is negotiating to buy the remaining 25% of Viajes El Corte Inglés from Tool Factory for a provisioned €220 million, moving to 100% ownership.

## Article

According to **Hosteltur**, El Corte Inglés is negotiating the acquisition of the **25%** stake in Viajes El Corte Inglés still held by Tool Factory. The move follows the 2021 merger with Logitravel that created the current structure. The company has provisioned **€220 million** for the purchase, exercising an option communicated in November 2025. If closed, El Corte Inglés will own **100%** of its travel subsidiary.

This consolidation gives the retail giant full control over one of Spain's largest travel distribution networks. For hoteliers, a unified ownership could mean tighter integration between booking engines, loyalty programs, and direct sales channels. Tool Factory, a travel logistics technology firm, exits the picture, potentially simplifying the corporate stack.

My take: when a major player like El Corte Inglés doubles down on owning its travel arm entirely, it signals long-term commitment and likely more investment in tech that connects retail travel with hospitality. Hotels working with Viajes El Corte Inglés should watch for product and platform upgrades ahead.

## Sources

- Hosteltur: https://www.hosteltur.com/177755_el-corte-ingles-negocia-controlar-el-100-de-su-filial-de-viajes.html

## Citation

El Corte Inglés negotiates full control of travel subsidiary. Hotel Tech News. 2026-07-29. https://hoteltech.news/digest/el-corte-ingles-travel-subsidiary-control