The Macdonald Hotels & Resorts group will open a new hotel in Algarve. The opening is planned for the end of June 2016. The investment will create between 100 and 150 job. This project has the participation of different organisations: Discovery Portugal Real Estate Fund; Revitalizar Sul Fund, Millennium BCP (financial support) and Turismo de Portugal.
The Macdonald Hotels & Resorts group holds and manage 45 hotels and 10 resorts in UK, Ireland, Spain and Portugal.