US EditionDom Pedro hotels in Madeira sold to the British management company
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The Dom Pedro Hotels in the Algarve and Madeira were sold by the Saviotti group to the British management company Arrow for 250 million, the digital economic newspaper ECO announced yesterday. According to the news, this is a deal for the purchase of six hotels, two of them in Madeira, Dom Pedro Machico and Dom Pedro Garajau, and five golf courses in Vilamoura. ECO says that it is Arrow's objective to “modernize hotels and golf courses” in orde…
·Funchal, Portugal
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