CCSL Advogados | View firm profile
CCSL Advogados advised Explorer Investments on the acquisition of two prestigious hotels in the Douro: the Douro Royal Valley Hotel & SPA and the Douro Palace Hotel Resort & SPA. This transaction marks the first investment of the newly established Hospitality I Fund, created by Explorer Investments to drive and consolidate the hospitality sector in Portugal.
The multidisciplinary team at CCSL Advogados was coordinated by Rita Rendeiro, Partner responsible for the Finance practice, and Frederico Félix Alves, Of Counsel in the Corporate practice.
The team also included João de Lemos Portugal, Partner responsible for Real Estate, José Calejo Guerra, Partner responsible for Tax, Margarida Bragança, Of Counsel in the Labour practice, as well as associates Mariana Alves de Melo (Real Estate) and Lourenço Noronha Andrade (Finance).
The Hospitality I Fund aims to acquire and manage high-performing hospitality assets, focusing on value creation through strategic repositioning, synergy optimization, and sustainable growth, with a strong emphasis on attracting international clientele. The full acquisition of JASE Empreendimentos Turísticos, the company that owns and operates both hotels, represents a significant milestone for the sector.
The Douro Royal Valley Hotel & SPA, a five-star hotel with 84 rooms, and the Douro Palace Hotel Resort & SPA, a four-star property with 60 rooms, now reinforce Explorer Investments’ growth strategy, further consolidating its position in Portugal’s hospitality market.
29/01/2025