20 November 2020 – Portugal’s Flagworld Group, part of the fifth-largest hotel group in the world, has added to its portfolio, inaugurating a new hotel this week, the Hotel Campanile Caldas da Rainha.
The development was built from the ground up, in an investment of five million euros, using a contemporary urban design concept. The 82-room hotel has a reception, living area, bar, restaurant and wi-fi service, along with common spaces for leisure, work, business benefiting from a high level of technological and digital accessibility.
According to the CEO of the Flagworld Group, Luís Roll, the inauguration of this project is an important step in a difficult moment for the tourism sector. The hotel industry will have to adapt to new realities, adjusting both its commercial and financial management to new challenges.”
Original Story: Diário Imobiliário
Translation/Summary: Richard Turner
