Meliá Lisboa, The First 5-Star Hotel Operated By Meliá Hotels International in Portugal Open Its Doors In 2018

The hotel will add to the collection of ‘bleisure’ hotels focused on combining business travel with urban leisure and lifestyle

Meliá Hotels International and Discovery Fund announced the signature of an agreement by which the hotel chain, the third largest in Europe, will add the 5-star hotel, Meliá Lisboa, to its portfolio as part of an ambitious project which aims to return life to a strategic location in the city, with the hotel set on the corner of the central Antonio Augusto de Aguiar and Fontes Pereira de Melo avenues.

The hotel will open in early 2018 with 239 rooms, a 24-hour restaurant adapted to the lifestyle needs of guests, and a panoramic lounge-bar on the upper terrace with stunning views of the city.

In the essence of ‘bleisure’ (business + leisure) concepts, the hotel will provide everything needed by guests visiting Lisbon for a combination of business travel and leisure, while also providing residents in the city with a meeting point in which to "see and be seen", with attractive options for dining, drinks and music. Therefore, the Meliá Lisboa will feature the most modern facilities for conferences and conventions for between 50 and 550 people,-two floors of parking, and a health club and a Yhi Spa, the Meliá hotels’ Spa brand, with the highest standards.

In one of the most important destinations for European tourism, with a growing strength in urban hotels, the new Meliá Lisboa means Meliá Hotels International continues to grow in Portugal, this time hand in hand with Discovery Portugal Real Estate Fund, focused on Real Estate & Tourism assets management in Portugal, with a specialized Real Estate & Tourism team.

Pedro Seabra, Partner of Discovery Fund, highlighted the importance of this signature to bring an internationally reputed hotel brand into this hotel’s management: “This alliance and the Meliá Lisboa’s project represent the continuation of the excellent work of the Discovery team, with the aim of re- evaluating the Fund's assets. We are also excited to be able to count with the best professionals to make this project a successful reality from 2018.”

For the Vice Chairman and CEO of Meliá, Gabriel Escarrer Jaume, “We are very excited about the Meliá Lisboa because it combines architectural innovation in a hotel with the highest standards of quality and service, with the history of such an emblematic corner of the city of Lisbon, with the attractiveness that you only find in the centre of the great historic capital cities in Europe.”

About Discovery Fund

Discovery Portugal Property Fund manages tourism real estate assets in Portugal since September 2012, thanks to its specialized team Real Estate and Tourism. Discovery has an integrated management which produces economies of scale, synergies, and a high bargaining power to significantly improve the performance and management of its business and liquidity of its investors, through the sale of the assets or units of the Fund for Institutional Investors with exposure to the tourism sector in Portugal. In carrying out its activity, it acts on the advice Discovery Explorer Investments SCR, SA, a private investment management company with more experience in the Portuguese market, and one of the most important in Europe.

About Meliá Hotels International

Founded in 1956 in Palma de Mallorca (Spain), Meliá Hotels International is one of the largest hotel companies worldwide as well as the absolute leader within the Spanish market. At present, it operates and distributes more than 365 hotels throughout 40 countries and 4 continents under the brands: Gran Meliá, Meliá Hotels & Resorts, Paradisus Resorts, ME by Meliá, Innside by Meliá, Tryp by Wyndham and Sol Hoteles. The strategic focus on international growth has allowed Meliá Hotels International to be the first Spanish hotel company with presence in key markets such as China, the Arabian Gulf or the US, as well as maintaining its leadership in traditional markets such as Europe, Latin America or the Caribbean. Its high degree of globalization, a diversified business model, the consistent growth plan supported by strategic alliances with major investors and its commitment to responsible tourism are the major strengths of Meliá Hotels International, being the Spanish Hotel leader in Corporate Reputation (Merco 2014). www.Meliahotelsinternational.com