Following a successful path of five decades, PESTANA HOTEL GROUP is the largest multinational group of Portuguese origin in the tourism industry. It is currently present in the European, American and African continents, with more than 100 hotels, managing more than 12000 rooms under direct management, where it is chosen by 3.5 million guests every year.
In Hospitality, its main business, Pestana Hotel Group has four brands: Pestana Hotels & Resorts, Pestana Collection Hotels, Pestana Pousadas de Portugal and Pestana CR7 Lifestyle Hotels. Aiming to offer complete and attractive experiences, the Group operates in various business areas: hotels, tourism real estate, vacation club, golf, casinos and industry.
The group has experienced a consistent EBIDTA growth reaching 96 million in 2021 and a net profit of 23 million, which is a remarkable milestone for a Group primarily in the hotel sector in the current circumstances while facing the pandemic challenge in 2021.
Our strong commitment to cutting-edge technology, human resources’ training, significant scale gains from the creation of excellence centers, ongoing innovation, but without losing focus on efficiency and fixed cost reduction, were the decisive factors for achieving these results, and they will continue in 2022 to give consistency to this recovery by bringing the Group closer to the historic results achieved in 2019, leveraging new investments in the tourism sector with innovation, sustainability and the creation of skilled job.
PESTANA HOTEL GROUP
Rua Jau, 54
Lisbon
Portugal