Grupo Lakhani’s €70 Million Investment in Portugal Projects

Published on

Grupo Lakhani, a prominent hotel group, has announced a significant investment of €70 million in more than 20 projects across Portugal. This ambitious plan includes the opening of three new hotels by 2025, marking a substantial commitment to the Portuguese hospitality sector.

The investment by Grupo Lakhani, also known as TLG Global, is poised to enhance the Portuguese tourism landscape significantly. The group is currently finalizing the construction of several hotels, including:

The Wyndham Garden Alentejo, a four-star hotel featuring 75 rooms, is particularly noteworthy, with an investment of approximately €15 million. This project is in its final construction phase and has garnered attention from local government officials.

Recently, the Secretary of State for Tourism in Portugal, Pedro Machado, along with other tourism officials, visited the Wyndham Garden Alentejo site. During this visit, Machado pledged to address electrical infrastructure issues that have been delaying construction.

Carlos Abade, the President of Tourism of Portugal, commended the project, stating it represents a significant advancement for the Portuguese tourism industry. He emphasized the positive effects the hotel will have on attracting visitors and promoting Portugal as a high-quality tourist destination.

Latest Stories

Guides on how to purchase property as a foreigner, property taxes, and Golden Visa

A guide on how to purchase property as a foreigner, property taxes, and the rejuvenated Golden Visa program in Portugal.

Lisbon’s Stocks Start Week On An Optimistic Footing

Lisbon's stock market kicked off the week on a positive note, with the PSI index rising by 0.13% to reach 6,603.58 points.

Service Resumed on Lisbon’s Blue Metro Line

Travel on Lisbon's Blue Metro Line has resumed after a partial interruption due to a signaling failure.

European Wine Industry: Challenges and Innovations

The wine industry is currently facing significant challenges due to climate change, which threatens traditional practices and geographical indications across Europe.

Related Stories

Air France-KLM Explores Options for TAP Privatization

Air France-KLM has expressed interest in participating in the privatization of Portugal's national airline, TAP.

First Trial in Portugal for 26 Suspects Charged with International VAT Fraud Begins

Today marks a significant milestone in the fight against international tax fraud as the first trial under the European Public Prosecutor's Office (EPPO) begins in Lisbon, Portugal.

Postgraduate Course on Racism Suspended After Backlash Over All-White Faculty in Lisbon

A postgraduate course on racism and xenophobia at the Nova School of Law in Lisbon has been suspended following significant backlash over its all-white faculty.