Pestana to Open Ten New Hotels Just Next Year

17 December 2019 – The Pestana Hotel Group announced its intention to open ten new hotels next year while investing a total of 250 million euros in developing another 3,500 rooms by 2025. The new ventures will include four hotels and two pousadas (inns) in Portugal, three Pestana CR7 outside of Portugal and a new hotel in Morocco.

The Pestana brand is looking to consolidate its brand in Lisbon’s urban segment. The group will thus open two hotels and a pousada in the city, with a total of 250 new rooms and 20 million euros in investments.

Pestana will also open two more units, Pestana Douro and Pousada do Porto, in Porto. The hotels will have a total of 300 rooms and 30 million euros in investments. The hotel chain also intends further investments in the Algarve, Madeira and the Azores next year.

Original Story: Visão

Adaptation/Translation: Richard D. K. Turner