Lisbon, the 26th of June 2024
EDMÉE and Blueshift complete the sale of the Amazónia group
The transaction included the group’s four units, totaling 712 beds.
EDMÉE has just completed the sale of the Amazónia group to the Real Hotels Group. The transaction included the group’s four units – Amazónia Lisboa Hotel, Amazónia Estoril–Cascais Hotel, Amazónia Palmela Apartamentos, and Amazónia Jamor Hotel, totaling 712 beds.
The sale process was advised by Blueshift and involved the analysis of the operational performance of the assets, the evaluation of value maximization strategies, the comparative analysis of alternative business models (full or partial sale, lease, or management contract), the preparation of investor solicitation materials (“Teaser” and Information Memorandum), the identification and qualification of potential interested parties, and the negotiation with investors until the transaction’s closing.
This deal marks another success for Blueshift in the M&A field, following the advisory provided to an international fund that won a competitive bid to acquire a vast portfolio of hotel assets, and the sale to a major national bank of a licensed land plot for the development of a resort with over 500 hectares and 185,000 square meters of construction area.
For Francisco Nogueira de Sousa, CEO of Blueshift, “this transaction once again confirms Blueshift’s commitment to establishing itself as a specialist in hospitality and tourism for investment advisory and M&A areas.” He adds that “the market’s tremendous receptivity to our value proposition is due to our deep knowledge of the national tourism market and our skills in the strategy and operation of hotel assets.”
About Blueshift
Created in 2012, Blueshift is more than just a service provider; it is a partner to the hospitality sector, supporting companies and investors throughout the investment lifecycle. With distinctly Portuguese DNA but also operating in Spain and other international markets, Blueshift provides services in the areas of management and leasing of hotel units, consulting, and investment. With extensive experience and a proven track record in managing hotel units of international brands and preferred operator agreements with some of the most prestigious brands, Blueshift is a specialist in the operation of hotels, resorts, and branded residences under franchise arrangements.
