05Mar
22Feb
Mercan Group’s Renaissance Porto Lapa Hotel has been elected as the ‘Opening of the Year’ at the Nit Awards 2024
Mercan Group's Renaissance Porto Lapa Hotel, known for its distinctive charm and unique character, has been honored with the 'Opening of the Year' award at the 2024 NiT Awards. Situated in the heart of Porto, this prestigious recognition underscores the hotel's exceptional performance since...
20Feb
Important Update: Ruling by the Constitutional Court
We are pleased to share an important update regarding proposed changes to immigration legislation in Portugal. Recently, the Portuguese Constitutional Law confirmed the compliance of these proposed changes with the Portuguese Constitution.The next critical phase in this process involves the document's final ratification by the...
13Feb
Portugal drew in €3.5 billion in foreign investment in 2023, marking the highest influx since 2016
There have been 36 new investment decisions totaling €2.739 billion, resulting in the creation of 6,810 jobs. Among these, 14 projects are industrial in nature. Additionally, there are 12 investment projects from existing companies in Portugal, expected to generate an extra 1,500 jobs. AICEP...
03Jan
Mercan Group to Invest 450M Euros in 8 New Lisbon & Algarve Hotels
In an anticipated move, Mercan Group disclosed plans to commence construction this year on multiple hotel projects, including Portugal's inaugural Hard Rock Hotel, set to grace Vau Beach. The Canadian conglomerate will inaugurate three hotels this year, solidifying their commitment to the country.Miguel Gomes,...
21Aug
Change of Law – Golden Visa | Recent News
We would like to inform you that today the President of the Republic has vetoed the “Mais Habitação” law.The next step in this process is the return of the “Mais Habitação” law to the Parliament where it can be i) changed by the Parliament and...
17Jul
International market with an eye on Portugal’s tourism sector
The hospitality sector continues to surprise and surpass pre-pandemic numbers.There is a new focus on the international tourism market map, with Portugal remaining at the top of the world's most popular European destinations, where the cities of Lisbon, Porto, and the Algarve region fit in.Hotel...
10Jul
Portugal Golden Visa Latest Update
On Portugal local time July 6, 2023, the special commission created for the analysis and preparation of the final draft of the “Mais Habitação” law approved the bill to be presented to Parliament.Despite the proposals presented by all parties to keep some options of investment,...
05Jun