IHG Hotels Expands in Portugal with Two New Properties
IHG Hotels & Resorts has expanded its European portfolio with the signing of two properties in Portugal: Convent Square Hotel Lisbon - Vignette Collection, and Crowne Plaza Caparica Lisbon.
Convent Square Hotel Lisbon is one of the latest additions to the company’s youngest brand and will be a flagship property globally. Owner PHC Hotels – Portuguese Hospitality Collection, a highly experienced national hotel management group, has embarked on an extensive redevelopment of the property which is set to open in 2023.
Built in 1242, the 121-room hotel is based in Lisbon’s Baixa District – an area populated by grand plazas and classical Portuguese architecture. The hotel is set around a majestic cloister and features a restaurant, lounge and patio area, plus leisure and wellness facilities including an indoor pool and sauna.
Hotel Aldeia dos Capuchos Golf & Spa will be converted to Crowne Plaza Caparica Lisbon. It is located in Caparica, just 15 minutes’ drive southeast of Lisbon and a 10-minute stroll from the beach.
Owned by Discovery Portugal Real Estate fund, with Explorer Investments as an investment advisor, the company appointed the experienced hotel consultancy Christie & Co to source a franchise resort near Lisbon.
Crowne Plaza Caparica Lisbon will have 227 rooms comprising a mix of bedrooms, studios and apartments. Alongside several meeting spaces, there will be rooms which can facilitate large groups and conference business including the introduction of the Studio – a bookable space for dynamic workshops and collaborative group sessions. There will also be three food & beverage areas, a wellness centre, outdoor swimming pool and 9-hole golf course.
The latest Vignette Collection signing strengthens IHG’s Luxury and Lifestyle presence in Portugal, joining established properties such as InterContinental Porto, InterContinental Lisbon and InterContinental Cascais-Estoril.
Convent Square Hotel Lisbon is the latest addition to Vignette Collection’s growing portfolio and follows the signings of three other properties in Portugal: Casa da Companhia in Porto, set to open imminently, Dona Filipa Hotel and Penina Hotel & Golf Resort which are both being developed in Portugal’s Algarve region.
In recent years, IHG has made significant investments in the Luxury & Lifestyle space, as part of a larger re-imagining of its IHG Hotels & Resorts Masterbrand. Vignette Collection’s launch, and subsequent sustained growth, represents the success of the company’s acquisition and development strategy.