Billionaire Denis O'Brien has increased his investment at Spain's PGA Catalunya Resort to approximately €120 million with the development of a second €6.5 million hotel at the property.
According to The Irish Times, the so-called Lavida Hotel is aimed at golf enthusiasts and tourists, adding 50 new golf course view bedrooms to the resort, which already features two 18-hole golf courses, the 145-bedroom Hotel Camiral and 250 apartments as well as an assortment of townhouses and villas.
O'Brien also owns the Quinta do Lago golf resort in Portugal.
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© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.