New hotel in the Marriott universe is already on the ground

Marriott chain, seals project that creates 50 direct jobs in a "hospitable and safe" country

More and more hotels are closing their doors from the north to the south of the country, but new projects continue to emerge towards a post-pandemic future as the new Four Points by Sheraton Matosinhos, which represents an investment of 20 million euros and should be completed within a year.

"It is one of the main ongoing tourist investments in Porto metropolitan area and the most striking development in Matosinhos", underlines the company in a statement released this thursday about the new aparthotel on the border between Matosinhos and Porto, next to the City Park and two minutes from the beach on foot.

In Portugal, the Mercan Group, with over 30 years of experience in the areas of investment , education and immigration and with presence in Canada, China, India, the United Arab Emirates, Vietnam and the United States of America, country where it developed projects worth more than US $ 1.5 billion (€ 1.3 billion), bringing together more than 800 international investors.

In choosing Portugal to develop its activities in Europe, "the security, stability and hospitality that the country offers, as well as the development opportunities in the area of urban rehabilitation, weighed in", says the group, aware of the fact that the country is in the Schengen area, appear in third place in the ranking of the safest in the world, be appointed as the most hospitable in Europe for foreigners (study by InterNations) and, citing Forbes magazine to be “the preferred post-covid destination19”. "There are conditions that, combined with the tourist and business attractiveness, the potential to create qualified jobs and the quality of life, are the most suitable for the foreign investment that the Mercan Group promotes", explains the statement.

The Mercan Group's projects for Portugal, developed in association with RAG (Referência Arrojada Group), also involve other 3 to 5 star hotel investments in Porto, Vila Nova de Gaia, Amarante and Évora.

https://expresso.pt/economia/2020-11-19-Canadianos-da-Mercan-investem--20-milhoes-num-aparthotel--by-Sheraton-em-Matosinhos