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In the coming two years the Portuguese group of hotels of Pestana will invest 40 million Euros in Brazil. Altogether expenditures are planned at a value of 196 million Euros, particularly in improvements of the own national and international group of hotels are invested.

With the international expenditures the Brazilian market is preferentially treated. Since the group of Pestana is in Brazil engaged 1999 to buy was planned for the first 10 years about 10 hotel plants to build and to administration. In only 8 years Pestana could exceed their goals. The project Bahia Lodge Residence was approved now, is begun with the building in the first yearly third 2007.

At the end of of 2008 is planned the opening of the ergeizigen project, whereby here about 100 luxury apartments in the order of magnitude between 30 to 120qm the interested one are offered for the purchase. The start of sales and the prereservations take place already starting from March of this yearly.

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Brazil-News:

Minimum wage rises to 380,00 Reais 255ste people pharmacy was opened today in Pará
Ford confirms purchase of Troller In the Amazon area are still more isolated trunks
Automobile industry with sales record Tourism obtains record result
Real estate boom in the northeast of Brazil Free shows in the Samba - city
Pestana invests 40 million Euros in Brazil Anatel: more than 100 million mobile phone in the circulation
Spaniards invest 290 million Euros in Bahia Marta was selected of the FIFA to the world-best Soccer player

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