The Portuguese hotel group Pestana is said to be negotiating with creditors to avoid paying a €15 million loan in 2021. The largest hotel chain in the country has been hit hard by the Covid-19 [...]
Condé Nast Traveller has revealed its Gold List for European hotels in 2021 and among the list are two Portuguese units. They are The Albatroz in Cascais and the Santa Clara 1728 in Lisbon. The [...]
The US hotel chain Hilton is to open three new hotels in Portugal as part of its continued expansion plan for the country. Despite the Covid-19 pandemic, which has devastated the tourism industry [...]
The Portuguese group Endutex inaugurated a new hotel in Oeiras on Thursday under the low-cost brand Moov. It is the fifth hotel for the group, and the fourth in Portugal, in what is a €6.3 [...]
Hotels and resorts in Portugal can now consider adapting all or part of their premises for co-working, showrooms, training centres, exhibition and events. Change of use within Portugal’s hotel [...]
In Part II of the Essential Business report into Portugal’s residential housing market in a Covid and post-Covid world, the CEO of Savills Portugal, Patrícia de Melo e Liz and CEO of the Elegant [...]
Portugal’s National Statistics Institute INE estimates that 24% of tourist accommodation remained closed in September because of the Covid-19 pandemic. And it says that Portugal’s tourism economy [...]
Works began over the summer for a new hotel in the building that houses Lisbon’s Santa Apolónia station on the Tagus estuary riverfront not far from the city’s cruise ship terminal. The project [...]
Rogério Pereira is the new Chief Financial Officer (CFO) of the United Investments, the group which owns Pine Cliffs Resort, Sheraton Cascais Resort, Quinta Marques Gomes, Hyatt Regency Lisboa [...]
The Portuguese hotel group Vila Galé says it has lost around €30 million because of the Covid-19 pandemic. The Vila Galé Group put around 80% of its staff in lay-off or teleworking and closed [...]
