Orient-Express Hotels Sells Lapa Palace Hotel, Lisbon

27 Aug Orient-Express Hotels Sells Lapa Palace Hotel, Lisbon

Orient-Express: Owners and managers of 51 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, sold Lisbon’s Lapa Palace hotel to a private Portuguese investor for 41.8 million USD. Orient-Express Hotels‘ President and Chief Executive Officer, Paul White said, “We have previously stated our intention to dispose of non-core assets. Lapa Palace has become one of Europe’s most distinctive hotels but we felt we had developed it and grown our business there as far as we could.” Contact Valesa for access to contract rates at this beautiful spa-hotel.