
Hilton Worldwide has signed a management agreement with Oporto-based HN Group for the Hilton Alvor, its second property in Portugal along side the Hilton Vilamoura As Cascatas Golf Resort & Spa.
The mixed-use Hilton Alvor resort is expected to open in 2012 on the beachfront near the town of Alvor, on the Algarve.
The total investment in the resort is rumoured to be €150 million, of which €50 million is for the 174-room hotel.
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