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| ABOUT US |
| OUR BUSINESSES : Hotel Investments |
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| PORTO BAY GROUP |
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The Blandy Group has been synonymous with high quality hotel development and management since the 1930’s. Following the sale of Reid's Hotel to Orient Express Hotels in 1996, the group decided to incorporate its investments in the hotel industry in Madeira into Porto Bay Hotels & Resorts with the same founding Madeira partners who together had built The Cliff Bay. |
Strategically it was also considered important at the time, to involve a major industry partner and in 2000, Porto Bay Hotels & Resorts was established between the Blandy Group, Ocean Islands Group of Madeira and Thomas Cook, the large German Tour Operator. Thomas Cook has since sold it’s holding in Porto Bay to Blandy’s and Ocean Islands Group respectively, but continues to hold a smaller investment in the Porto Bay Management Company.
Porto Bay Hotel and Resort’s portfolio is currently made up of four and five star hotels in Madeira. These are The Cliff Bay (five star), The Suite Hotel Eden Mar (four star), Porto Santa Maria Hotel (four star) and Vila Porto Mare (four star), totaling 1700 beds on Madeira.
The group is now expanding with hotels planned to open in Lisbon and Rio de Janeiro, Brazil and other Brazilian resort destinations.
Guest satisfaction is reflected by the high occupation rates, often reaching between 95 and 100% and the success of the hotels is also shown by the numbers of guests who choose to return; to date over 10,000 repeater guests have been rewarded by a loyalty card.
In recent years, the relationship between hotels and real estate has changed significantly, primarily due to the introduction of timeshare. Market demand for timeshare properties is unabated; as a result the Porto Mare complex includes ninety apartments, all of a four star plus category.
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www.portobay.com |
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info@portobay.pt |
INSPIRA HOTELS |
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Following the sale of the Canary Island trading operations in 2004 and 2005, the group decided as part of its strategic development programme to build a dedicated hotels business to be based on hotels in mainland Portugal and Spain.
A first site has been acquired and it is hoped that the Lisbon Hotel will open in early 2009. Negotiations are in hand for several other locations including Porto and Costa Estoril.
The hotel concept is urban retreat/lifestyle, predominantly aiming at the 3 and 4 star city hotel segments. |
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www.inspirahotels.com |
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marketing@inspirahotels.com |
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 Independent Family Interests |
Leisure  |
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