Vila Galé hotel group analyses investments in Cabo Verde

16 March 2015

Portugal’s Vila Gale Group plans to expand its business to Cabo Verde (Cape Verde), said Gonçalo Rebelo Almeida, chief executive of the hotel group, which has investments in Brazil and Portugal.

The group’s CEO did not give details of the projects to be developed in Cabo Verde, and only noted Vila Gale Group’s intention to open “a third or fourth international destination outside of Portugal,” namely Cabo Verde and Cuba.

“They are time-consuming projects, because the cases we are looking at are hotels built from scratch, which should be completed between late 2016 and early 2017,” said Rebelo de Almeida, cited by Cape Verdean newspaper A Semana.

On 25 April the Vila Gale Group is scheduled to open a hotel in Évora and in July a ’boutique hotel’ in the Douro region, both in Portugal.

With the opening of these two units, the group has a total of 27 hotels and is now, in addition to the investments mentioned, considering purchasing units in Lisbon and in the Brazilian city of Natal, the capital of the state of Rio Grande do Norte. (macauhub/BR/CV/PT)