At the end of this summer, the Canadian group Mercan opened Casa das Lérias in Amaranta, transforming the historic building into a 23-room hotel for a seven million euro investment.
The Casa da Companhia in Rua das Flores in Porto had opened two months earlier, following an investment of € 11.2 million.
Also in Porto, the Mercan group is investing € 56 million in the Renaissance Park Hotel, which is due to be completed in 2023 and is expected to create 140 jobs.
Last May, he laid the foundation stone for the Hilton Garden Inn Évora, which will be completed next year and will create 95 jobs with an investment of € 21 million.
In total, the Mercan Group has 14 development projects in the tourism sector of Portugal, in locations such as Porto and Amarante, Vila Nova de Gaia, Matosinhos, Lisbon, Evora and Algarve with an estimated investment of 400 million euros. predicts another 600 million by the end of 2023.
“We entered Portugal in 2015. At that time with only one project, Casa da Companhia, this is a hotel that we completed and opened in July. However, we have already opened a second one in Amaranta, Casa das Lérias. Their two buildings have a history, unlike other projects that we are pursuing and which we intend to open early next year. Today we have 14 projects. The total investment is 400 million euros. In the next two years, we are looking to increase this to one billion euros, ”said Miguel Gomez, General Manager for Construction and Development at Mercan Properties, in an interview with Dinheiro Vivo on Saturday 13 November.
“Surely ten more projects will be launched by the end of 2023,” said the same manager. Geographically, the group will “expand into Lisbon and the Algarve” and “explore” Madeira and the Azores.
In terms of job creation, Miguel Gomez noted that of the 14 units the group is developing, the forecast points to 900 jobs. “At the end of this plan, which we have until 2023, we will always be talking about more than 2,000 jobs,” he tells Dinheiro Vivo.
