Portuguese hotel group CS has unveiled plans to open 10 new premises in the Algarve, Lisbon and Alentejo regions of Portugal this year. According to president Carlos Saraiva, the new centres represent a total investment of EUR 440 mln and will bring the number of hotels managed by the group in Portugal to 16.

In Lisbon, the group said it plans to develop the country's largest congress centre on a 100,000 m2 site at Quinta Bensaúde. The scheme, which is planned for completion in 2013, will include a congress centre with capacity for 10,000 people, a hotel with 350 rooms as well as a number of residential units. Total investment in the project is expected to amount to EUR 55 mln.