Edition 1496
13 October 2018
Edition: 1496

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Hotel group invests over €80m in new units

by TPN/Lusa, in Business · 18-01-2018 14:08:00 · 0 Comments

Portuguese hotel group Vila Galé is going to invest more than €80 million in new hotels in Portugal and Brazil the next two years.

The first one to open is expected to be the Vila Galé Sintra, that is scheduled to open its doors on 25 April (Freedom day) after an investment of about €25 million.
The second should be the Vila Galé Collection Braga, costing €6 million and expected to open in May.
The company also intends to open the Vila Galé Touros in Brazil in September in the state of Rio Grande do Norte, at a cost of slightly under €40 million. The five-star hotel will have 514 rooms and five restaurants.
These three hotels are supposed to create at least 100 jobs in Portugal and 450 in Brazil.

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Edition 1496
13 October 2018
Edition: 1496

Read this week's issue online exactly as it appears in print.

Twitter

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