Hotel

The Portuguese hotel group Vila Galé is to open four new hotel units in Portugal in 2023; one of them aimed at families with children. Two hotels are near Beja in the Alentejo, one in the Azores, [...]

The Canadian developer Mercan says the government’s decision to end the Golden Visa programme threatens €425 million of investment. The company has 27 hotel projects in Portugal, and believes [...]

Portugal’s hotel sector, which was blamed for tens of thousands of staff leaving it during the Covid-19 pandemic because it paid notoriously bad salaries, increased them by between 15-20% in 2022 [...]

Portugal achieved another record in tourism revenues in 2022 from hotel bookings. Last year, partly on back of pent-up demand hanging over from the pandemic years of 2020 and 2021, was the best [...]

With five months to go before one of the Catholic Church’s biggest annual events – World Youth Day 2023 – which will be held in Lisbon and attended by the Pope Francis, hotels are [...]

Revenues from the tourist tax brought in €54 million to the coffers of 11 municipal councils in 2022. The tax levied on hotel and guest house accommodation bills rose 209% on 2021, but was still [...]

The hotel chain Hoti Hotéis is to invest €110 million in three luxury residential housing developments in Portugal. The first of these projects will be built on Porto’s Avenida da Boavista, the [...]

The Pestana Group is to extend the CR7 brand to luxury apartments, with a project in Funchal, Madeira. The move comes six years after the largest hotel group in Portugal run by Dionísio Pestana [...]

The Elegant Group, owned and managed by Roman and Chitra Stern, have sold the Martinhal Cascais hotel to focus on diversifying their existing product offer and new businesses in Portugal. The [...]

A Singapore sovereign fund has announced that it will buy a controlling stake in the SIG hotel group that plans to invest in its first hotel in Portugal in the Algarve. GIC said on Friday that it [...]