Explorer Investments Concludes First Acquisition of Hospitality Fund I with Douro Royal Valley Hotel & SPA and Douro Palace Hotel Resort & SPA.
Lisbon, Portugal – Explorer Investments has successfully completed the first closing of its Hospitality Fund I, acquiring two prestigious hotels in the Douro region. This marks the beginning of an ambitious strategy to transform and reposition high-performance hotels in key tourist destinations across Portugal.
The acquisition involves JASE Empreendimentos Turísticos, which owns the Douro Royal Valley Hotel & SPA, a five-star hotel, and the Douro Palace Hotel Resort & SPA, a four-star hotel. These properties provide the perfect foundation for Explorer Investments to implement an investment plan focused on modern design, unique guest experiences, sustainability, and international expansion.
A Vision for Growth in the Douro Region
The Douro Royal Valley Hotel & SPA, a five-star unit with 84 rooms, three restaurants, an infinity pool, a conference center, and a SPA, was built in 2013. With panoramic views of the Douro River, the hotel is located in Ribadouro, Baião, offering a perfect blend of modern luxury and natural beauty. The Douro Palace Hotel Resort & SPA, established in 2008, is a four-star property with 60 rooms, three restaurants, vineyards that stretch down to the river, a biodynamic farm, an outdoor pool, and a conference center, all set within a historic manor house surrounded by ten hectares of protected forest in Santa Cruz do Douro, Baião.
The acquisition of these properties aligns with the strategy of Hospitality Fund I, which focuses on creating value through strategic repositioning, capturing synergies, scaling operations, and expanding into international markets. The goal is to become the largest Portuguese fund dedicated to the hospitality sector.
Commitment to Sustainable Growth and Innovation
With these acquisitions, Explorer Investments plans to further elevate the properties’ positioning in both the national and international markets. The firm has outlined an innovative investment plan centered around modern design, creating new guest experience concepts, and implementing sustainable practices across both hotels. The team will also continue to strengthen the management capabilities of both hotels, ensuring the long-term success of the properties.
Exploring a Strong Future for the Hospitality Sector
Explorer Investments is committed to the continued development of the hospitality sector in Portugal. With this acquisition, the firm has already identified more than 100 potential investment opportunities aimed at promoting excellence and growth in the industry. This move underscores the firm’s dedication to enhancing the value of Portugal’s key tourist destinations and contributing to the country’s thriving hospitality sector.
