The effect of the coronavirus pandemic on the hotel industry has left hotel chain Juventus and Portuguese star Cristiano Ronaldo facing a dubious future.
In partnership with Dionisio Pestana, the director of the Pestana hotel group, Ronaldo lately owns two hotels: one in Funchal, his on the island of Madeira and one in the Portuguese capital, Lisbon.
However, the Pestana CR7 Funchal hotel, the first of the institutions to be opened, has been closed for several months, amid an 80% fall in tourism in Madeira due to the covid-19 pandemic.
Meanwhile, the Hotel Pestana CR7 Lisboa suffered such a fall in the call that it forced to reduce almost half its same nightly rates as always, from 150 euros to 77 euros.
Ronaldo has not yet publicly commented on the fate of his hotels, however, other people close to the 35-year-old have told Madeira’s media that customers to reopen the Funchal hotel seem bleak, even if the existing fitness crisis improves in the short time. Term.
Together with Dionisio Pestana, Ronaldo expands his portfolio of hotels to outdoor locations in Portugal, with plans made for Manchester and Madrid, projects that are now unresolved.
In the UK, where the striker spent six years as a Manchester United Premier League player, a 30 million euro opening had been planned at the centre of Picadilly Gardens by 2023.
Meanwhile, in Madrid, a city he called a home during a nine-season era throughout the League with Real Madrid, a status quo of 15 million euros is being structured in Gran Vaa, the main grocery shopping street in the Spanish capital.
The Pestana CR7 Gran Vaa, which originally expected to receive its first visitors in 2019, has had its launch delayed more than once, but according to recent reports, no date has been set for its opening.
Ronaldo and Pestana will also open headquarters in New York, Marrakech and Paris.