Addition of Cascade Wellness Resort marks group’s third outpost outside Greece
Domes Resorts has added Algarve property Cascade Wellness Resort to its portfolio, marking the group’s second outpost in Portugal.
The property in Lagos is owned by southern Europe resort operator Hotel Investment Partners (HIP) and will be managed by Domes Resorts.
Cascade Wellness Resort is located within a 94-acre site on the cliffs of Ponta da Piedade, offering 164 rooms, multiple pools and four dining venues.
It also features a spa, fitness centre, tennis courts and Fifa-standard football pitches. Family-friendly amenities include a kids’ club and football academy.
The addition reflects Domes Resorts’ “strategy of expanding in key Mediterranean destinations” and marks its third property outside its homeland of Greece, joining Domes Lake Algarve and Domes Baobab Suites in Tenerife.
The group’s chief executive Dr George P Spanos said: “We welcome the expansion of our presence in Portugal through this partnership, further strengthening our collaboration with HIP, the leading hotel owner in the Mediterranean.
“The Algarve is a well-established, extended-season destination with strong fundamentals, making it a natural fit for our expansion strategy. Cascade Wellness Resort is a well-positioned asset in a prime location, supporting the continued diversification of our portfolio across key Mediterranean destinations.”