Cristiano Ronaldo & Dionisio Pestana Launch Joint Hotel Venture in NYC


Look out NYC.

Cristiano Ronaldo, the world’s best soccer player and Portuguese hotel group Pestana, have announced a joint partnership to launch four new boutique hotels.

The New York City hotel will be located near Times Square, and will be open in 2017 with 400-room occupancy. The hotel will reflect Cristiano’s CR7 brand, and will be done in a modern, boutique hotel style. Other locations include Lisbon (Historic Downton), Madrid (Gran Vía) and Funchal (Cruise Harbour).

Portuguese player Cristiano Ronaldo poses with Dionisio Pestana, President of the Pestana Group, during a publishing event in Lisbon, Portugal December 17, 2015. The Pestana Group, the largest hotel group in Portugal, established a partnership with soccer player Cristiano Ronaldo for a joint investment of 75 million euros in four new hotels in Lisbon, Funchal, New York and Madrid. REUTERS/Rafael Marchante - RTX1Z5XA

Already a  large and well-known hotel group in Portugal, The Pestana Group offers 87 properties across 16 different countries with a total of over 10,500 rooms served by 700 staff members. The first hotel was opened in Madeira Island in 1972, and the family-owned group has expanded extensively since then.




KImberly Fisher

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