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Reading: Ronaldo Set to Launch CR7 Hotel in Paris
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Ronaldo Set to Launch CR7 Hotel in Paris

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2018/09/12
1 Min Read
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Cristiano Ronaldo has announced he will open the sixth edition of his “CR7” hotel chain in Paris in 2021.

Currently the Portuguese superstar has two “CR7” hotels open: one in LIsbon and one in Funchal, his hometown and capital of the island of Madeira.

The two Portuguese hotels, which opened in 2016, are set to be joined by three new outposts in 2020: Madrid, New York and Marrakech.

And the Juventus star’s empire will grow the following year with a 210-room hotel in Paris, set to be located on the “Left Bank” of the city on the southern side of the Seine River.

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Like the other five hotels, the €60 million (£53m/$70m) venture in Paris will be a 50-50 investment between Ronaldo and the Portuguese hotel group Pestana.

“It is quite expected that the Pestana CR7 brand will move to Paris, one of the most visited cities in the world,” Ronaldo said in a press release.

Before he moves into the business world Ronaldo has plenty left to achieve on the field, with the Juve star recently earning the joint-top rating in the soon-to-be-released video game FIFA 19.

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