InterContinental Hotels Group (IHG) has announced the signing of InterContinental Lisbon - Estoril in Portugal, evidence of further growth of this unrivalled luxury global brand. The hotel will operate under a management agreement with Margem Encantada, SA.
The signing comes just a few months after the opening of InterContinental Lisbon and, once open, this hotel will join InterContinental Porto - Palacios Das Cardosas as the third InterContinental property in Portugal.
Located in one of the most elegant tourist destinations in the world, InterContinental Lisbon-Estoril stands proudly to the west of Lisbon's city centre in the affluent town of Estoril. The hotel overlooks the Atlantic Ocean, boasting magnificent sea views and is just a two minute walk to the train station that connects the coastal towns, Lisbon city centre and Lisbon Airport. Nearby the town of Cascais, the popular Guincho beach, numerous golf courses and Sintra Mountain; the hotel is surrounded by an abundance of tourist hot spots.
Commonly called the "Coast of Kings" Estoril has been home to The Spanish Royal Family, Humberto II of Italy, King Carol II of Romania, and Admiral Nicholas Horthy de Nagybánya -Regent of the Kingdom of Hungary. The host of celebrities still flocking to Estoril to enjoy its beaches, casinos, historical buildings and gastronomy continues to be its trademark.
The hotel features an all-day dining restaurant and bar, meeting space and 59-rooms made up of superior rooms, club rooms with an ocean view, and six suites/family rooms. With an interior and exterior pool, fitness centre and an impressive spa complete with a sauna and steam room, the hotel is set to become a leisure destination in its own right.
Robert Shepherd, Chief Development Officer, Europe, IHG said: "We're thrilled to have signed our third InterContinental Hotel in Portugal and our 6th property with Margem Encantada, SA. Portugal is one of the most attractive tourist destinations in Europe and the signing of this hotel demonstrates the momentum of the iconic luxury brand in key international cities and resorts. InterContinental Lisbon- Estoril joins InterContinental Dublin as the latest additions to our European portfolio."
Luís Pais, Owner Representative for Margem Encantada, SA said: "We have created a magnificent property of the highest quality with stunning waterfront views. Located in a town fit for kings and queens, boasting a rich history full of stories, we cannot wait to open the doors to this wonderful hotel in order to carry on Estoril's legacy."
InterContinental Hotels & Resorts is more than twice the size of any other competitor luxury brand globally. With 180 hotels open worldwide and more than 50 hotels in the global development pipeline, IHG continues to expand the brand's portfolio in the most sought-after destinations around the world. There are currently 30 InterContinental Hotels & Resorts in Europe with three in the pipeline*.
*Figures as at 31st December 2014.
Logos, product and company names mentioned are the property of their respective owners.