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# Ronaldo to launch boutique hotels
- URL: https://hospitality.pro/ronaldo-to-launch-boutique-hotels/
- Published: 2015-12-24T02:34:01.000Z
- Updated: 2015-12-24T02:34:01.000Z
- Author: Holedo
- Tags: Hospitality Industry News, Brand Development, leadership, News, Purchases and Sales, #wordpress, #Import 2026-04-16 12:15

Cristiano Ronaldo and Portuguese hotel group Pestana announced a joint partnership to launch four boutique hotels.  
The joint venture, co-owned by Ronaldo and Pestana, will be managed by The Pestana Hotel Group. The total investment in these four new hotels will be 75 million euros.  
The hotels will be located in Lisbon (Historic downtown), Madrid (Gran V?a) Funchal (Cruise Harbour) and New York (near Times Square).  
The new hotels will have 400 keys in total and will open within the next two years.