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Azora buys Pestana Blue Alvor five-star hotel

Azora has completed the acquisition of the Pestana Blue Alvor, a five-star hotel in Portugal’s Algarve region, on behalf of the Azora European Hotel & Lodging, F.C.R. from Pestana Hotel Group.

Constructed in 2019 by the Pestana Hotel Group, the 120,000 sqm 5* resort in Portimão comprises nearly 50...

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