According to the statement, the company has opened “the new Holiday Inn Express Porto-Boavista, its most recent project, under the InterContinental Hotels Group (IHG) banner, which represents an investment of 21 million euros and will generate 32 direct jobs”.

The hotel has 91 rooms, a restaurant and a bar area, and will be managed by AHM – Ace Hospitality Management, “a company of the group specialised in the management of hotel projects”.

This unit is part of “the urban rehabilitation project that the Mercan Properties Group has developed in the Porto region, where it already has eight hotels in operation and three more under construction”.

The hotel is the second to open this year under the InterContinental Hotels Group (IHG) banner, joining “the Holiday Inn Beja, which opened in August, and the Holiday Inn Express Évora, which is scheduled to open later this year”.

The Mercan Properties group “is responsible for the management and development of hotel assets in Portugal and currently has 32 projects in various locations across the country, such as Porto, Vila Nova de Gaia, Matosinhos, Lisbon, Amarante, Santiago do Cacém, Évora, Beja, Algarve and Madeira”.