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Vila Baleira Hotels & Resorts Group Buy Luamar Hotel

The Vila Baleira Hotels & Resorts Group, owned by Ferpinta Turismo, have completed their purchase of the  Luamar Aparthotel, in Porto Santo. The 57 apartment hotel which is located close to the Vila Baleira Resort Porto Santo, will extend the groups presence on the island to 455 rooms.

The negotiations for the purchase of Aparthotel Luamar, which the Sousa group have owned since 1992, began last summer.  The group also owns the Vila Baleira Funchal hotel, situated on Estrada Monumental.

Samantha Gannon

info at madeira-weekly.com

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