Explorer Investments has acquired the Douro Royal Valley Hotel & SPA and the Douro Palace Hotel Resort & SPA as part of their strategy to transform premium hospitality offerings in Portugal's thriving tourism sector.

Target Overview

Explorer Investments has successfully concluded the initial closing of its Hospitality Fund I by acquiring two notable hotels in the Douro region of Portugal. This acquisition signifies the commencement of an expansive strategy aimed at transforming and repositioning high-performing hotels in prime tourist destinations across the country. The properties involved are JASE Empreendimentos Turísticos, which owns the luxurious Douro Royal Valley Hotel & SPA and the Douro Palace Hotel Resort & SPA.

The Douro Royal Valley Hotel & SPA is a five-star establishment boasting 84 rooms, three restaurants, an infinity pool, a conference center, and a SPA, nestled in Ribadouro, Baião. Built in 2013, it offers stunning panoramic views of the Douro River, providing a harmonious blend of modern luxury and natural scenery. On the other hand, the Douro Palace Hotel Resort & SPA, inaugurated in 2008, is a four-star hotel featuring 60 rooms, three restaurants, vineyards adjacent to the river, a biodynamic farm, an outdoor pool, and conference facilities, all set within a historic manor house amid ten hectares of protected forest in Santa Cruz do Douro, Baião.

Industry Overview in Portugal

The hospitality sector in Portugal has experienced significant growth in recent years, driven by an influx of international tourists seeking diverse and unique experiences. The country is recognized for its rich cultural heritage, stunn