According to The Portugal News, the group, which is dedicated to private capital investments dedicated to the hotel industry, indicated that, with the acquisition, it continues its expansion in Europe, at a time when it also acquired a unit in Rome, Italy.
“These two acquisitions mark the beginning of our partnership with Sofitel, a pioneering brand in French luxury hotels,” said Bertrand Pullès, deputy general director of Extendam.
In Lisbon, the hotel will now be renovated, with a focus on sustainability, “and will be updated according to the latest standards of the Sofitel brand”, according to the statement.
“These two acquisitions mark the beginning of our partnership with Sofitel, a pioneering brand in French luxury hotels,” said Bertrand Pullès, deputy general director of Extendam.
In Lisbon, the hotel will now be renovated, with a focus on sustainability, “and will be updated according to the latest standards of the Sofitel brand”, according to the statement.
