Portuguese hotel operator PG Hotels & Resorts has invested €24 mln in the purchase and rehabilitation of a hotel in Alvor, Faro district, scheduled to open in July 2024.
Portuguese hotel operator PG Hotels & Resorts has invested €24 mln in the purchase and rehabilitation of a hotel in Alvor, Faro district, scheduled to open in July 2024.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.