New Holiday Inn Express & Suites Opens in Lisbon's Prestigious Príncipe Real
IHG Hotels & Resorts, in a continued partnership with the Real Hotels Group, has announced the official opening of the Holiday Inn Express & Suites Lisbon - Príncipe Real. The investment brings a globally recognized brand to one of the capital's most creative and sought-after districts, expanding the hospitality offerings in a key urban area. The project is operated by the Real Hotels Group, the third-largest hotel operator in Portugal, which now manages a total of eight properties under IHG's Holiday Inn and Holiday Inn Express brands across the country.
The new hotel is strategically located to serve a diverse market, including international tourists, business travelers, and the growing digital nomad community. The development introduces the Holiday Inn Express & Suites concept, which is tailored for practical, independent travelers seeking efficient and high-value accommodation. This model is expected to perform well in a dynamic neighborhood like Príncipe Real, known for its vibrant culture and cosmopolitan appeal. The investment amount for this specific project was not disclosed, but it represents a significant addition to the Real Hotels Group's extensive portfolio of 20 properties nationwide.
The selection of Príncipe Real for this new establishment underscores the area's rising prominence as a top European destination, a status noted by international publications such as The Telegraph. The hotel's opening is anticipated to have a positive local economic impact, enhancing the neighborhood's capacity to host a growing number of visitors and supporting local businesses. The project aims to integrate with the local tourism ecosystem by offering guests an authentic connection to the city's culture and lifestyle.
João Marques, Director of Operations for the Essentials collection at Real Hotels Group, commented on the long-term strategic alliance with IHG. “Our partnership with IHG has allowed us to build a strong presence in Portugal’s main urban centers, including Lisbon, Porto, and the Algarve,” Marques stated. “This new hotel in Príncipe Real reinforces our commitment to offering modern, reliable stays in the most vibrant and desirable locations. We are confident this property will meet the high expectations of today's travelers.”
The hotel's service offerings are designed to be flexible and adaptable, catering to various stay purposes, from short-term tourism to longer professional visits. Inês Meneses, the newly appointed Director of the Holiday Inn Express & Suites Lisbon - Príncipe Real, elaborated on the hotel's vision. “This opening marks an important step in our strategy to provide a more open and people-centric hospitality experience,” she said. “We are creating a space that welcomes a wide range of guests, from families to urban explorers, by combining the efficiency of our brand with the unique prestige of this location.”
The development is part of a broader trend of hospitality investment in Lisbon, reflecting strong confidence in the city's tourism market. The construction and launch of the hotel were completed on schedule, and it is now fully operational. The establishment is expected to contribute to the continued enhancement of Lisbon's tourism infrastructure, providing a new, quality accommodation option that aligns with the city's reputation as a leading global destination. The project's sustainability features and environmental impact considerations were not detailed in the announcement but are standard in modern hotel constructions of this scale.
Discover rental property opportunities and regulations at realestate-lisbon.com.
