The Pestana Hotel Group, a multinational hospitality organization of Portuguese origin, announced this Thursday that it has secured a spot in the top 100 of the annual Hotels Magazine ranking, which it describes as “one of the most prestigious publications in the global sector.”
The group ranks 96th, being “the only Portuguese player to feature among the 100 largest in the world,” as stated in a press release accessible to Notícias ao Minuto.
In the same note, José Theotónio, CEO of Pestana Hotel Group, highlights that being “recognized among the world’s 100 largest hotel groups is the result of decades of consistent work, a sustained international expansion strategy, and the ability of our teams to transform each hotel into a reference for quality and experience.”
“This milestone reinforces our ambition to make the Pestana Hotel Group increasingly relevant on the international scene,” he adds.
It is also noted that the Portuguese group holds the “4th position in the Iberian region and 13th in the European landscape,” underscoring the Pestana brand’s significance in the international hotel industry, as per the released statement.
“This achievement strengthens the Pestana Hotel Group’s position as an international reference hotel group, with a presence in 16 countries across three continents, providing differentiated experiences to guests in all markets where it operates, while maintaining high standards of quality and innovation in each unit,” the group emphasizes in the same release.
This ranking, the Portuguese brand explains, “annually classifies the largest hotel groups globally based on the number of rooms and operational properties.”
“In 2024, Pestana Hotel Group totaled 12,041 rooms and 109 hotels – one more hotel and 35 additional rooms compared to 2023. This performance allowed it to climb nine positions from the previous year, when it occupied the 105th place,” the company details in the same communiqué.
Who is the Pestana Hotel Group?
It is further mentioned that, “with a track record of more than five decades of success, the Group manages over 100 hotels in Portugal and abroad, dedicated to providing 3.5 million guests annually with ‘The Time of Your Life.'”
“In hospitality, its core business, it operates through four brands: Pestana Hotels & Resorts, Pestana Collection Hotels, Pestana Pousadas de Portugal, and Pestana CR7 Lifestyle Hotels. Present in 16 countries, it offers over 12,000 rooms across Europe, Africa, and America, being the largest multinational hotel group of Portuguese origin. With the aim of offering more complete and attractive products, the Group also operates in other business areas: hospitality, tourist real estate, time sharing, golf, casinos, and industry,” as stated in the same note.
The Grupo Alves Ribeiro will sign a contract on Tuesday to build a luxury hotel, tourist apartments, and shops in the Centro Cultural de Belém (CCB), in Lisbon, with the opening scheduled for July 2029.
Lusa | 11:43 – 12/07/2025
