International

Aethos obtains €100M in financing for global expansion

Aethos obtains €100M in financing for global expansion
Aethos Ericeira, Portugal

The Aethos hotel group has secured financing of 100 million euros from a consortium of investors led by Limestone Capital. This investment will be used for the group's global expansion, with the opening of five new properties in the next two years, according to Jornal Económico.

With this guaranteed investment, Aethos is reinforcing its commitment to expansion in Portugal, Spain and Italy. In September 2022, the group opened Aethos Ericeira, on the west coast of Portugal.

In May this year, it plans to inaugurate a new five-star resort on the Costa Smeralda in Sardinia, Italy, with 60 accommodation units. Between this year and 2025, the group also plans to open new properties in Madrid, Lisbon, Rome and Mallorca.

"With this new funding and a robust executive team with distinguished backgrounds in the industry, we are not only reshaping the hotel landscape but also setting new standards for boutique hotels in Europe," says Aethos' CEO.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!