Ronaldo announces opening of first boutique hotel
Footballing icon Cristiano Ronaldo has announced the first of his joint-venture hotels with Pestana Hotel Group will be launched on July 1.
On his Facebook page, Ronaldo announced: "In Funchal, my home town, we will launch the first hotel of my partnership with Pestana Hotel Group."
The post was accompanied by a picture of the property (below).
The hotel, in the cruise harbour of Madeira’s capital, is the first of four planned Pestana CR7 hotels in the joint venture with Pestana, which is the largest international Portuguese hotel group. Ronaldo and Pestana are co-owners and the properties will be managed by the Pestana Hotel Group.
The total investment in the four new hotels will be €75 million.
The other four locations are Lisbon (Historic Downtown), which will open in August; Madrid (Gran Vía) and New York (near Times Square).
Ronaldo already has CR7-branded underwear, footware and fragrance businesses. The CR7 brand is the main inspiration behind the four hotels, which will all be boutique in style and will appeal to the modern day millennial traveller.
All four will be open within two years.
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Singapore to forbid entry to undesirable travelers with new no-boarding directive
In Italy, the Meloni government congratulates itself for its tourism achievements