Alantra has financed the acquisition of two hotels in Lisbon and Porto, marking a significant step in its international expansion strategy within the hospitality sector.

Target Information

The recent acquisition encompasses two hotels, located in Lisbon and Porto, Portugal, which were opened in 2020 and 2021 respectively. The investments were made by a French private real estate investment manager with a focus on yielding real estate assets throughout Europe. The hotels boast a significant operational footprint, with the Lisbon hotel featuring 188 rooms and covering an area of over 5,800 square meters, while the Porto hotel has 129 rooms with an area of approximately 4,300 square meters. These properties are operated by B&B Hotels, an international hotel chain that maintains over 600 properties across Europe under a long-term lease agreement.

Industry Overview

Portugal’s hospitality sector has shown resilience and growth in recent years, particularly in urban centers like Lisbon and Porto, which are key tourist destinations. The country's strategic location and rich cultural heritage attract millions of visitors annually, thereby fueling the demand for hotel accommodations. The tourism industry contributes significantly to the Portuguese economy, representing a vital part of the GDP and providing numerous job opportunities.

The Portuguese hotel market has benefitted from investments in infrastructure and improvements in transport links, enhancing accessibility for tourists. This posit