Chinese Developer to Inaugurate Hotel in Cascais Next Year

7 December 2020The Chinese real estate developer Reformosa will inaugurate a new hotel in Cascais, the Hotel Cascais Curio Collection by Hilton, with the hotel opening scheduled for 2021, the Hilton Group announced in a statement.

The project is the result of an investment by the hotel company Honest Talents, owned by the Chinese luxury real estate developer Reformosa, in turn, owned by the Sino-American entrepreneur Ming Chu Hsu, which donated 4.6 million euros in medical equipment to Portugal.

The Hotel Cascais Curio Collection by Hilton is located right in Cascais’s historic centre and is intended for both leisure and business travellers.

The Chinese company already has several projects both in Cascais and Lisbon, so the project is part of a set of three new Hilton hotels opening in the country. The total investment is expected to be approximately 60 million euros by the three companies, through franchising and management agreements.

Original Story: Ni Hao Portugal

Translation/Summary: Richard Turner