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Cristiano Ronaldo and Pestana to launch hotel venture

Footballer Cristiano Ronaldo has partnered with Portuguese hotel group Dionísio Pestana to launch 4 boutique hotels in Lisbon, Madrid, Funchal and New York, for a total investment of £55m. The first hotel is set to open in 2016 in Portugal, and the collection will be inspired by Ronaldo’s CR7 brand.

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