In a meeting with journalists in Lisbon, Jorge Rebelo de Almeida said that in Portugal, the group plans to open the Vila Galé Casas D'Elvas, in Alentejo, in February, representing an investment of six million euros, as well as the Vila Galé Paço from Curutelo, in Ponte de Lima (Viana do Castelo), on April 25, representing an investment of €20 million.
In Brazil, with an investment of R$120 million (around €19.3 million at the current exchange rate), the opening of the Ouro Preto (Minas Gerais) projects is scheduled for the first half of the year, as well as the Belém (Pará) project in October for COP30.
In addition to these, Jorge Rebelo de Almeida recalled that the group has several other projects in its portfolio, for which "it is premature" to make estimates of opening since bureaucratic issues for their approval "have left them stranded". Among them: the project for the Royal Palace of Caxias (Oeiras), the Quinta da Cardiga in Golegão and those for Penacova - which will have a concept dedicated to humor - and Miranda do Douro. Still, they believe some of them will move forward this year.
Jorge Rebelo de Almeida also said that the group - "which is not capable of standing still, it wants to do things" - is analysing several possibilities for expansion.
In Spain, for example, where a hotel on the coast, in Isla Canela, will open in 2024, interest in "the main destinations" in the neighbouring market remains, namely "Madrid, Barcelona, Seville or Bilbao", he said, in turn, the administrator Gonçalo Rebelo de Almeida.
The Vila Galé Group announced that it estimates that its net profit for 2024 will have risen to around 105 million euros, with revenues breaking records and data pointing to growth in 2025.
The group has 45 hotels, 32 in Portugal, one in Spain, 11 in Brazil and one in Cuba.