IHG seizes hotels and golf courses in Portugal
InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has purchased five hotels in Portugal.
InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has purchased 11 new developments in the Iberian Peninsula, five in Portugal – Staybridge Suites Porto, Staybridge Suites Carcavelos, Six Senses Lisboa, Holiday Inn Express Porto and Holiday Inn Express Évora – and six in Spain.
The company reveals in a press release that the big news for the Portuguese market “is the launch of the IHG Staybridge Suites brand, which will open in the city of Porto and in Carcavelos”. “Most of the new acquisitions are scheduled to open in 2022, with the rest scheduled for 2023, 2024 and 2025,” according to a report by idealista/news.
“I am delighted to announce this significant selection of units in the Iberian Peninsula, a region that has much to offer all types of travellers. Being a fundamental growth market for us and an increasingly sought-after destination, I I am sure that these acquisitions are an investment that will bring us great success,” said Willemijn Geels, vice president of the department for European development of hotels and resorts at IHG.
Golf courses in the Algarve
IHG has also purchased two golf courses in the Algarve.
According to the company, “this investment follows IHG’s recent agreement with its strategic partner JJW Hotels & Resorts, to open three new properties in Portugal later this year.”
“Intended to mark the European debut of the company’s latest Vignette Collection brand, the acquisitions include two famous golf resorts: Penina Resort & Golf and Dona Filipa Hotel, both located in the Algarve. Under the same agreement, the voco hotel brand will enter Portugal, with the opening of voco Algarve scheduled for 2022,” reveals IHG.
IHG buys in Portugal
Staybridge Suites Porto
The newly developed Staybridge Suites Porto will allow guests to extend their stay by taking advantage of the residential-style facilities of the brand’s first hotel in Portugal. With 119 modern suites, business or long-term travelers will particularly appreciate the hotel’s prime location in the heart of the city.
Staybridge Suites Carcavelos
Carcavelos, on the outskirts of Lisbon, is undergoing a fascinating renovation, which includes the new construction of a Staybridge Suites property. The 135-room hotel is under construction and is the first specific construction concept for extended stays in the region. It will open its doors in December 2025.
Six Senses Lisbon
Lisbon will host the second Six Senses property in Portugal. It opens in 2025 and is located near Avenida da Liberdade, in Palácio das Pedrosas. Six Senses Lisbon will offer 114 rooms and top-notch wellness facilities, designed to be a sanctuary in the bustling capital.
Holiday Inn Express Porto
The new Holiday Inn Express Porto, with 96 rooms, will be the second establishment of this type in the city, located near the trendy district of Boavista.
Holiday Inn Express Evora
The Holiday Inn Express will have 76 rooms and is located in Évora. It will be the first IHG hotel to open in the city, recognized by UNESCO as a World Heritage Site.