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Algarve News: Algarve MotorPark looks to attract luxury tourists

Date: 19/4/2009

The first hotel to open will be the Radisson Portimão, a debut for the international chain of luxury hotels in this region. It is being built alongside the race track, with adaptations to suit all events. The resort will have 192 rooms and 160 apartments: "The resort intends to compliment the circuit and the soon to be built technological park" said Paulo Pinheiro. The director of Parkalgar added that five star hotels are now in demand as racing teams always choose to stay at luxury hotels: "Any race event occupies, at least, one thousand bedrooms during a week with drivers and teams, and they always request five stars."

It has been four decades since a luxury hotel has been built in Portimão, but, since the construction of the Algarve MotorPark, several investment proposals have been put forward to the Council.

The Carlos Saraiva Group is currently building a development with over one hundred rooms in Morgado de Arge and will soon begin construction of another 250 bedroom luxury hotel, both expected to be finished by 2010.

The HN Group is also expecting to start construction of the ‘Quinta da Praia’ luxury resort, in Alvor, this year. It is expected to have a hotel with 175 rooms and 197 townhouses.

The Portimão Mayor has considered the racetrack an investment generator as it has sparked interest for several other developments, such as a traditional coastal hotel and another in the city centre, although these projects should only be concluded by 2013, according to Mayor Manuel da Luz.

In the meantime, two four star hotels will be opening in Portimão, the Hotel da Rocha, a 158-room hotel, and the Alvor Baía, a design hotel with 400 rooms. Source: The Portugal News

 

 

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