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Sonae Capital to Inaugurate New Boutique Hotel in Porto

25 February 2020 – Sonae Capital has signed a contract to develop a new hotel on Porto’s Avenida dos Aliados, which the firm expects to inaugurate the hotel during the first half of 2021. The 70-room hotel will have a bar, restaurant, meeting rooms, an outdoor pool, and a gym.

The firm currently operates six hotels: three in Porto (the Porto Palácio Hotel, The Artist and The House) and two on the Tróia Peninsula (Aqualuz Tróia and Tróia Residence), south of Lisbon. The last, the Aqualuz Suite Hotel Lagos, is in the Algarve.

Original Story: Economia Online

Translation/Summary: Richard D. Turner