Profits from Portugal’s Pestana Group, which has hotels all over Portugal and some in Brazil, fell 4% to €105 million in 2023 compared to the €109.5 million posted in 2022. The group is the [...]
Hotel management group AHM, which is owned by the Canadian group Mercan, is to strengthen its presence in Portugal with a total €1.2Bn over three years bringing the number of hotels it manages to [...]
Martinhal Luxury Resorts’ Martinhal Lisbon Oriente was voted the Best Hotel in Lisbon for Families in the Forbes top 10 hotels in Lisbon list. The list of the best hotels in Lisbon has become [...]
Portugal achieved a new record in the number of tourists and tourism-related revenues in 2023, but the number of overnight stays fell. According to the business daily Negócios, a reduction in the [...]
You couldn’t have made it up. We are on our way to Portugal’s Alentejo region to visit a charming boutique hotel in the picture postcard village of Mora when the car breaks down. Despite the time [...]
Lisbon’s iconic Embaixada building in Príncipe Real, currently housing artisanal shops, an indoor and garden restaurant, and a gin bar, is to be converted by developers EastBanc into a 50-room [...]
The Real Hotels Group has announced the acquisition of the hotels in the Grupo Amazónia Hotéis, as well as the respective hotel operation. The Grupo Amazónia Hotéis, founded in 1990, currently [...]
NH Hoteles has acquired five hoteles in Portugal held by its largest shareholder, the Thai group Minor for €133.2 million. According to the Spanish stock market regulator CNMV the operation had [...]
The Spanish hotel group Barceló has been awarded the ‘Best Hotel Management Company in the World’ at the World Travel Awards 2023. The hotel chain, which had won this award in the 2019 and 2021 [...]
Hotelverse, a Spanish startup that aims to revolutionise the existing online hotel room booking model, has brought its operations to Portugal. Created in 2021 by Fermín Carmona and Rafael Bova, [...]
