Brazil Hospitality Group (BHG) has acquired the 388-room Hotel Rio Palace, Rio de Janeiro, Brazil.
The property, which covers an area of 57,811m², has ten conference rooms to accommodate up to 2,000 people, a business centre with 13 meeting rooms, two restaurants, a bar and a gym.
The acquisition marks the end of BHG’s negotiations with Veplan Hotels & Tourism, a company in bankruptcy.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData