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…