Accor and Propreal Capital Partners expand luxury portfolio with the signing of Sofitel Porto

Accor, a global leader in hospitality, and Propreal Capital Partners, a leading real estate investment firm, announce the signing of Sofitel Porto, set to open in 2028. This marks the second collaboration between Propreal and Sofitel, following the success of Sofitel Barcelona Skipper. Strategically located between Avenida dos Aliados and Rua de Santa Catarina, Sofitel Porto will elevate luxury hospitality in Portugal’s vibrant and second-largest city.

Sofitel Porto will seamlessly blend the brand’s signature style with Porto’s rich cultural heritage. The 132-room luxury hotel, spanning approximately 11,000 m², will feature extensive public spaces, multiple dining concepts with potential partnerships with renowned Portuguese chefs, and a mix of tranquil and lively areas designed to cater to both international travellers and Porto’s dynamic local community. Situated in the heart of the city, the hotel will also offer carefully designed green spaces that provide a refreshing natural element within the urban setting. The property’s protected façade will be carefully preserved, while the interior design, led by renowned designer Lázaro Rosa-Violán, will highlight the building’s identity, reflecting a sophisticated fusion of Portuguese artistry and French refinement. The meticulous restoration will focus on reviving the building’s original splendour, showcasing exceptional artisanal details that celebrate the city’s rich design traditions.

Accor identified a unique opportunity to expand its luxury hospitality footprint in Porto when Propreal Capital Partners secured this prime location. Sharing a common vision, the two partners continue to join forces to bring world-class hospitality experiences to key European destinations.

Sofitel Porto will be a flagship for the brand in the Iberian Peninsula, marking Accor’s first luxury hotel in Porto and its second Sofitel in Portugal, alongside Sofitel Lisbon Avenida Liberdade. Accor already operates several hotels in the city under the Novotel, Mercure, and ibis brands.

Commenting on the signing announcementm, Maud Bailly, CEO of Sofitel Legend, Sofitel, MGallery and Emblems said: “Porto is a city with a deep cultural and historical identity, and we are honored to introduce Sofitel in such a prestigious location. True to our brand promise of building cultural bridges between French and local cultures, Sofitel Porto will further strengthen the deep-rooted connection between Portugal and France. As the second-largest city and an economic hub, Porto combines heritage, coastal beauty, and a thriving cultural scene. Together with Propreal Capital Partners, we are committed to delivering a luxury experience that seamlessly blends Porto’s rich heritage with Sofitel’s timeless elegance.”

“The Iberian Peninsula, and particularly Portugal, has been a key focus for Propreal Capital Partners. We continue to see strong growth potential in the region and remain committed to identifying and actively developing landmark assets where we can create value for our investors. With Sofitel Porto, we have secured an exceptional location in the heart of a booming city, ensuring that this property will set a new standard for luxury hospitality in the region.” commented Yves de Kerdanet, Founder and Chief Executive Officer, Propreal Capital Partners.

Xavier Grange, Chief Development Officer for Sofitel, Sofitel Legend, MGallery & Emblems said, “Sofitel Porto is a key milestone for our active development strategy in Portugal, a priority market for the Accor group. This signing reinforces our presence in two iconic cities, offering complementary urban experiences. Following the successful opening of Sofitel Barcelona Skipper, we are very happy to partner again with Propreal Capital Partners. Accor is committed to delivering exceptional luxury properties across Portugal’s most sought-after destinations, from Lisbon and Porto to resort destinations of Comporta, Douro Valley, and the Algarve.”

The article Accor and Propreal Capital Partners expand luxury portfolio with the signing of Sofitel Porto first appeared in TravelDailyNews International.