Brazil Hospitality Group (BHG ) has unveiled plans to acquire two hotels in the city of Belem in Para, Brazil, adding another 190 rooms to its portfolio.
The properties are the 90-room Expresso XXI Batista Campos and the 100-room Expresso XXI Nazare, which are operated by Solare.
BHG also signed a memorandum of understanding for the development of the Tulip Inn hotel in Rio de Janeiro.
The agreement is part of the group’s strategy to develop economic-class hotels in the country.
BHG is the third-largest hotel group in Brazil.