Interstate Hotels & Resorts, Inc. (NYSE: IHR), the nation's largest independent hotel management company, today announced the December 15 opening of its first property in Portugal.
The five-star Praia D’El Rey Marriott Golf & Beach Resort, located 45 minutes north of Lisbon in Obidos, Portugal, offers guests spectacular ocean views, a full complement of recreational facilities and activities, state-of-the-art health club, and an 18-hole championship golf course, ranked among the top 15 in continental Europe. The property is owned by Hotel da Praia, a subsidiary of the Béltico Group, a Lisbon-based real estate development and services company.
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