“Work is going to start in January 2017 and the hotel is scheduled to open in the summer of 2018”, said Pestana board director José Roquette, adding that the 96-room unit would be a boutique hotel.
During the presentation in Lisbon of the Pestana group strategy for the future, José Roquette explained that after consolidating South America, the next market was going to be the United States.
Over the last five years, the Pestana group has built 15 hotels and “is going to make another 20 in the next five years”, he said.
The new hotel in Manhattan is going to be in the East Side, in the same street as the Pestana CR7, and both hotels are expected to open at the same time.