At a time when the hotel and tourism sector is experiencing a strength period throughout the country and particularly in the Algarve, with rising foreign demand, the hotel business is booming in Madre Group, with the acquisition of the Oriental Hotel in Portimão and Eva Hotel in Faro. The transaction between the Teixeira Duarte Group and the Madre Group was given in December 2015. These acquisitions mark the creation of a new hotel group, AP Hotels & Resorts, which includes, in addition to those two units, the Adriana Beach Club Hotel Resort the Group already held in the Algarve region.
After the recent initiative, the Madre Group, which has long sought new opportunities for action in this sector is a condition for future investment opportunities to emerge and elects the Algarve region as a priority.
The newly formed hotel group is now made up of three units with different offers, but complement each other: The Adriana Beach Club Hotel Resort in Albufeira, one of the first hotel units to set the all-inclusive in the Algarve and principally applicable for family holidays; Eva in Faro, business city hotel, and the Oriental, boutique hotel in Praia da Rocha, Portimão.