Hotel Vila Galé

Type
Business expansion
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sintra, Braga
Sector
Accommodation / Food
55 - Accommodation
55.1 - Hotels and similar accommodation
55.10 - Hotels and similar accommodation
100 jobs
Number of planned job creations
Job creation
Announcement Date
16 January 2018
Employment effect (start)
25 April 2018
Foreseen end date

Description

The Hotel Vila Galé will open two hotels in Sintra and Braga, and will recruit at least 100 workers. The Vila Galé Group ended 2017 with a revenue of €173 million, an increase of 13% compared with the previous year. In Portugal, Hotels Vila Gale generated sales of €106 million (+ 13%) and the occupancy rate increased by 2.4%.

Sources

  • 16 January 2018: Marketeer

Citation

Eurofound (2018), Hotel Vila Galé, Business expansion in Portugal, factsheet number 93012, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93012.