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Azora Enhances Portuguese Hotel Portfolio with Praia D'El Rey Acquisition - English

Azora Enhances Portuguese Hotel Portfolio with Praia D'El Rey Acquisition - English
hospitality-on.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitality-on.com Daily Mail and Mail on Sunday newspapers.

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Azora and Med Playa Reposition Two Hotels in Benidorm, Reinforcing Their Commitment to Innovation and Sustainability

Azora, through the Azora European Hotel & Leisure, F.C.R. ("AEHL"), and the Med Playa hotel group, have begun the repositioning of two hotels in Benidorm: the Hotel Riudor and the Hotel Flamingo Oasis. The refurbishment project implies an investment of c. €11m and includes accessibility solutions and the latest sustainability and energy efficiency standards. Both establishments, which are part of AEHL s seed portfolio, have obtained BREEAM certification in the use of sustainable buildings and are scheduled to reopen in March (Flamingo Oasis) and May (Riudor). ....

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Azora snaps up Algarve hotels


Azora snaps up Algarve hotels
By TPN/Lusa,
in Business, Algarve ·
23-07-2021 01:00:00 · 0 Comments
Investment manager Azora has acquired two five star hotels in the Algarve for the sum of €148 million.
The deal has been made through a purchase and management contract with Minor International (MINT), which bought the NH Hotel Group in 2018.
According to the Efe agency, which cites a document from the real estate agency, the Tivoli Marina Vilamoura and the Tivoli Carvoeiro will continue to be operated by the NH Hotel Group on behalf of MINT and will maintain the Tivoli “brand” for an initial period of 20 years, with an option to extend this period for another ten years. ....

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Tivoli Homestays, ideal para business travel

Tivoli Homestays, ideal para business travel
nexotur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nexotur.com Daily Mail and Mail on Sunday newspapers.

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