United Investments Portugal (UIP), a company belonging to Dubai-based IFA Hotels & Resorts Group, has invested €100 million in development in Portugal over the past two years and recently signed a joint venture agreement with Bespoke Hotels, taking a majority stake to further the Bespoke brand in current development darlings, Spain and Portugal.
“Part of UIP’s strategy is to continuously evaluate different developments with high potential,” Leal says. “Our experience – particularly with property management – helped us identify the huge opportunity to implement a luxury 5-star hotel brand in the Spanish and Portuguese market. UIP has the experience and success in this region, and Bespoke has the brand and the knowledge, to manage properties in several regions worldwide.”
Read the full interview here.