INSUBCONTINENT EXCLUSIVE:
BTG Pactual, a prominent Brazilian investment bank, has made a significant move in the hospitality sector
R$1.7 billion ($303.57 million), marks a major expansion for BTG Pactual in the Brazilian hotel market.The acquisition encompasses a
portfolio of 18 properties, totaling 2,600 rooms
Two standout properties in this transaction are the Sofitel Ipanema and Fairmont, both located in Rio de Janeiro.These iconic hotels account
(Photo Internet reproduction)This expansion will make BTG Pactual the largest hotel portfolio manager in Brazil
continue to operate the hotels, ensuring consistent branding and management
window for any challenges
It may also set a precedent for similar expansions in emerging markets globally as investors seek opportunities in growing tourism and
