It has now been revealed that the Real Madrid star has
invested £54m in the new line.
The hotels are to be located in his hometown of Madeira,
Lisbon, Madrid and New York.
Ronaldo owns the hotels in partnership with Pestana Hotels
who will be managing the venture for the legendary football
star.
The first hotel opens this weekend on the island of Madeira,
southwest of Portugal and hometown of Ronaldo and Dionísio
Pestana , owner and chairman of Pestana Hotel Group.
Ronaldo and Pestana have been friends for many years and
have decided to invest in a business together.
The hotel in Lisbon will open in August, the one located in
New York will start operations in 2017 while the one in Madrid
will kick off 2019.
When the hotel line was unveiled in 2015, Ronaldo expressed
his excitement at the new venture.
” My job is to play football, but life won’t always be like this. I
have to dedicate myself to this new project and I have the best
team in the world around me ,” he said.
“I am young but I feel very fulfilled so this project is exciting for
me. I’m thinking about my future, and my son and my family .”
His popular CR7 brand is the main inspiration behind the
hotels line, which will be boutique in style and will appeal to
young millennial travelers.
Although they may not be considered luxury, their target is an
upscale clientele. Ronaldo’s other venture like his fragrance, a
planned furniture CR7 line will be integrated into the business.
The 31-year-old was recently named the fourth highest-
earning celebrity of the past 12 months » by Forbes Magazine.
According to Forbes, Ronaldo earned $88million (£66m) in the
last year, $6.5m (£4.9m) more than Barcelona rival Lionel
Messi, who was eighth on the list.


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young dude deh employ im papa mate, paale sef deh smile

Kong-Rats Ctrl7....

Oh its CR7

Good investment...