A new four-star hotel is to open in Évora in June, one year later than had been initially planned because of the Covid-19 pandemic, in a €4.7 million investment. The Évora Farm Hotel & Spa, [...]
Continued high infection rates in France and Germany, flight restrictions from and to the UK and an overall slow rollout of the vaccine on mainland Europe has cast a long shadow over Portugal’s [...]
B&B Hotels has announced the sale of B&B Hotel Lisboa Aeroporto for €14 million to the MNK Partners fund. According to Iberian Property, the hotel next to Humberto Delgado airport, was [...]
There are 42 new four and five-star hotels in the pipeline for the Portuguese market currently under construction. It means an estimated 7,079 rooms will come on line in the market over the next [...]
The President of the Tourism Confederation says the impact of the pandemic has lost Portugal €10Bn in tourism revenues leaving the sector in “desolate situation”. Francisco Calheiros, [...]
Portugal’s hospitality industry faces implosion warns the industry’s association as many salaries for January have yet to be paid. Says the Portuguese hospitality association AHRESP, the [...]
The branded residences sector has grown 170% over the past 10 years with 590 schemes worldwide representing 76,000 units, with 10 countries planning to receive their first branded residences [...]
A four-star hotel in Madeira owned in a joint-venture between the Spanish RIU and German TUI has been put up for sale. According to the Spanish newspaper Expansion, RIU Hotels is to sell the RUI [...]
Portugal’s hotel association AHP says that 80% of the country’s hotels are now closed because of the latest State of Emergency and lack of guests. In an interview with Jornal Económico, Raul [...]
The SANA group of hotels is to open its new EPIC SANA Marquês in the heart of Lisbon in the first quarter of this year. The €48M investment is located near Marquês de Pombal and is the most [...]
