EXTENDAM continues its development in Portugal

2 min reading time

Published on 18/06/20 - Updated on 17/03/22

Ibis Porto

The new Ibis Porto Centre Mercado Do Bolhao opened on June 17, 2010, further expanding EXTENDAM's European hotel portfolio.  

Ouvert le 17 juin dernier, le nouvel Ibis Porto Centre Mercado Do Bolhao vient étendre à nouveau le portefeuille européen d’hôtels d’EXTENDAM.  

Located in the Bolhao district, right in the heart of Porto's historic centre, the budget hotel is close to the main tourist sites and caters for both business and leisure travellers.

Entirely renovated, it has 89 rooms and is the very first hotel to respect the Full Plaza, one of the concepts developed by the ibis brand to make its properties less standardised.

Voted Best European Destination three times by the European Best Destinations organisation, Porto welcomes every year a growing number of visitors, attracted by its rich cultural heritage, its wines and its culinary traditions. An activity that obviously benefits the city's hoteliers, whose performance has been steadily increasing in recent years.

"Porto is the second largest city in Portugal after Lisbon in terms of population. It welcomes many tourists and business travellers every year thanks to the wine activities of its region and the activity of its port. Despite a year 2020 marked by the Covid-19 health crisis, Porto has some very good assets for a good recovery by 2021. Ideally situated, just a few minutes walk from the old town, classified as a UNESCO World Heritage Site, as the main reception areas for professional clients, the project normally has very good potential", conclude Inès de l'Aulnoit and Bertrand Pullès, investment managers for EXTENDAM.

With a portfolio of 204 hotels in France and Europe, EXTENDAM, a major private equity player dedicated to the business hotel industry in Europe, has just opened a new ibis hotel in Portugal, in collaboration with IPIH, the first Accor franchisee in Southern Europe. 



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