United Investments Portugal (UIP) - part of the Talal Al-Bahar Arab group, based in Kuwait and Dubai - wants to grow in the country through the management of third-party properties, through its subsidiary, United Hospitality Management (UHM).

Carlos Leal, general director of UIP, told Expresso newspaper that the company will have over 15 thousand beds under management in Portugal and the Middle East by the second half of 2024, the equivalent of 30 new properties. In the national territory, it will manage 12 third-party hotels, with a total of 3,000 beds.

It is worth remembering that UIP owns several hotels in the country, such as the Hyatt Regency, in Lisbon; the Pine Cliffs, in the Algarve; Sheraton Cascais; and Yotel, in Porto. Despite this, the growth strategy involves taking over the operation of properties, involving large international brands, such as Marriot, InterContinental, Accor or Hyatt.

“It’s in our DNA, we have the advantage of already managing properties under these brands”, says Carlos Leal, quoted by the publication.

According to a report by Idealista, at the beginning of this year, the group will take over the management of the Hotel Fonte Santa, in Monfortinho, in the Castelo Branco district.