Portugal's Group Pestana Enters U.S. Market
Monday April 1st, 2013 - 8:38AM H
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MIAMI–Portugal-based Group Pestana has entered the U.S. market with the 97-room Pestana South Beach Art Deco Hotel.
The luxury hotel, a complex of four buildings, is a conversion of the former 1940s-era Hotel Milejan. It is located in close proximity to the Ocean Drive beaches, the Miami Convention Center and the Miami Beach Country Club. The hotel's Art Deco and Arte Moderne elements have been preserved and enhanced. The Group Pestana owns and operates the Pouasdas de Portugal hotel brand throughout Europe and South America.
Tags: • Hospitality • Ownership •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.