5-Star Altis Hotel to Open in Porto

21 February 2019

Altis, which was founded by Fernando Martins, will inaugurate its first hotel in the city of Porto in 2021. The 5-star hotel will have 92 rooms, a restaurant, bar, spa, meeting rooms and a terrace with a pool with sweeping views of the Douro river.

According to the group, which declined to reveal the size of its investment, construction on the Altis Porto Hotel is scheduled to start in May.

The Altis Group currently has six hotels, all in the city of Lisbon: the Altis Grand Hotel, Altis Belém, Altis Avenida, Altis Prata, Altis Prime and Altis Suites.

In 2018, the group had a turnover of 32 million euros, an increase of 10% compared to 2017. Average occupancy reached 81.5%.

Original Story: Diário Imobiliário

Translation and editing: Richard Turner