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Azora Acquires Two Flagship Hotels In Portugal’s Algarve For €148 Million, To Be Managed By Mint

Two 5* Tivoli hotels, operated by NH Hotel Group, acquired in 20-year sale & manage back deal with Minor International (“MINT”) Third deal for the Azora European Hotel & Leisure Fund as Azora targets Europe’s ‘Sun & Beach’ hotel market with over €1.5 billion of total investment capacity Acquisition underlines Azora’s conviction on significant pent-up…

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Madeira, Portugal To Welcome First-Ever Direct Flight From New York City

WHY IT RATES: This new nonstop flight will offer convenience to U.S. travelers hoping to explore a unique destination in Europe. —Codie Liermann, Senior EditorOn November 29, 2021, Inovtravel in partnership with SATA Azores Airlines, will launch the first-ever nonstop flight from a U.S. gateway to Funchal, Madeira’s capital city. In conjunction with the new…

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Covid-19: Cristiano Ronaldo’s Pestana CR7 hotels under threat

The impact of the coronavirus pandemic on the hospitality industry has left Juventus and Portugal star Cristiano Ronaldo’s chain of hotels facing an uncertain future. In partnership with Dionisio Pestana, the head of the Pestana Hotel Group, Ronaldo currently owns two hotels: one in Funchal, his hometown on the island of Madeira, and another in…

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Innovator. Internationalist. Optimist. Meet Salomé Gorgiladze, SANA Hotels –

Business Development Director and Executive Board Member, Salomé Gorgiladze, has emerged as a brand ambassador for SANA Hotels. Andrew Forbes heads to Lisbon to discover how this visionary is helping to shape the future of the international leisure and hospitality group. Less than 20 years ago Portugal was attracting a little over 5 million international…

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Oporto, el nuevo objeto de deseo de los los españoles en la era de la Covid-19

La nueva ruta de la plataLa pandemia no ha frenado los deseos inversores en Portugal. Los incentivos fiscales hacen que cada vez más los nacionales apuesten -aparte del negocio que se pueda conseguir- por residir en el país vecino.Room Mate firma su primer hotel en Oporto y eleva un 50% sus reservasAna Sánchez Juárez11.10.2020 -…

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Portugal: Government announces 4,500 beds for university students |

Hotels, youth hostels and short-term lets units in Portugal will provide an additional 4,500 beds for university students, the Ministry of Science, Technology and Higher Education (MCTES) has announced.In total, more than 18,000 beds are now available for university students, in conditions of comfort, quality and safety, when in the previous school year there were about…

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