Vila Gale Buys Former Sheraton Reserva do Paiva, Recife, from Novo Banco
Portuguese hotel group Vila Gale bought the shuttered former Sheraton hotel at Reserva do Paiva, Recife, Brazil, from Portugal's Novo Banco, planning a 298-room resort reopening in October 2026; price undisclosed.
Published by Idealista News. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Idealista News
- Obtained from
- Idealista News
- Published
- Jul 10, 2026
- Last updated
- Jul 18, 2026 (1 month ago)
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