About Group Pestana
The Pestana Group is Portugal’s largest international tourism and leisure group and one of the largest in Europe where it ranks 25th.
There are eight business divisions operating under the Pestana brand including; Hotels & Resorts, Pousadas de Portugal, Holiday Ownership, Gaming, Travel, Golf and Residence, Industry and International Business Centre of Madeira. Starting with a 300 bedroom hotel in Madeira Island in 1972 the family owned Pestana Group has grown steadily and currently includes in its portfolio of nearly 90 four and five star hotels worldwide with two brands: Pestana Hotels & Resorts and Pousadas de Portugal.
In 1985 the Pestana Group began an expansion drive in mainland Portugal that was then followed by Africa and South America.
In 2010 the Pestana Group opened its first hotel in a European capital outside Portugal, in London, the Pestana Chelsea Bridge Hotel & Spa, and, in May 2011 it reached Berlin with the Pestana Berlin Tiergarten, continuing its ongoing global diversification process that has taken the Pestana hotels to 3 continents, 10 countries in the world: Argentina, Brazil, Venezuela, Portugal, Germany, England, Cape Verde, Mozambique, S.Tomé & Principe and South Africa.
In the leisure area the Group currently owns and manages, besides the 44 hotels (9 in Madeira, 9 in the Algarve, 1 in Lisbon (the Pestana Palace - a Leading Hotel of the World) 2 in Cascais and Sintra, 1 Porto, 1 in England, 1 in Germany, 9 in Brazil, 3 in Mozambique, 1 in South Africa, 1 in Cape Verde, 2 in Argentina, 1 in Venezuela and 3 in S. Tomé e Príncipe), 37 Pousadas de Portugal, 15 Holiday Ownership units , 6 golf courses, 3 real estate ventures, two casinos (Madeira and S. Tomé e Príncipe), an air charter company and one tour operator. In 2003 the group was awarded an international tender to manage the Pousadas de Portugal chain adding to its portfolio 44 unique properties located in converted monuments, palaces, convents and castles spread across the country. In 2005 the Pestana Group internationalised the Pousadas de Portugal brand with the opening of the Pestana Convento do Carmo, by Pousadas de Portugal, a Leading Small Hotels of the World property in S. Salvador da Bahia in Brazil.
Between 2012 and 2013 the Pestana Group will continue growing with the opening of the following projects:
USA: Pestana South Beach Art Deco Hotel in Miami;
Uruguay: Pestana Montevideo, Montevideo;
Argentina: Pestana Buenos Aires Golf & Residences (the 3rd investment in the country);
Morocco: Pestana Casablanca, Anfa Place Beach Resort, Casablanca;
Angola: Pestana Luanda Bay, Luanda.
Portugal:
Pestana Tróia Eco-Resort, Tróia;
Pousada de Cascais, Cascais;
Pousada da Serra da Estrela, Covilhã;
1 Hotel in Lisbon – name to be defined;
1 Pousada in Lisbon– name to be defined;
The Group also continuously analyzes ownership and management proposals particularly in the South American and European capitals and expects to reach the 100 properties by the end of 2012, when the group celebrates its 40th anniversary in the hotel industry.
In 2010 the Group obtained total Revenue of 500 million Euros and EBITDA of 100 million Euros.
The Pestana Group currently employs 7000 collaborators worldwide.