Domes Resorts expands its presence in Portugal through a partnership with HIP, with the addition of Cascade Wellness Resort in the Algarve
The five-star resort joins the Domes Resorts’ European portfolio and marks the group’s second property in Portugal
Domes takes management of the 164-room five-star property in Lagos, marking its third property outside Greece in partnership with Blackstone-backed HIP.
Photo by Domes
Domes Resorts announces the expansion of its European footprint with the addition of Cascade Wellness Resort in Lagos, Algarve, marking its second property in Portugal and third property outside Greece. The Group will manage the five-star resort, owned by Hotel Investment Partners (HIP), one of the leading owners of resort hotels in Southern Europe owned by funds managed by Blackstone and GIC, further strengthening its presence in one of Europe’s most established leisure destinations.
Located on the cliffs of Ponta da Piedade, the resort combines panoramic Atlantic views with proximity to Lagos, a destination known for its rich heritage, year-round mild climate, and renowned beaches. Set across 38 hectares, the property features 164 accommodations, designed around a concept inspired by the Portuguese Age of Discoveries. The resort offers a wide range of facilities, including multiple pools, a spa, fitness centre, tennis courts, and FIFA-standard football pitches, positioning it as both a lifestyle and sports destination. Its culinary offering spans four venues combining international cuisine with local Algarve flavours, complemented by family-oriented facilities such as a kids club and football academy.
This addition reflects Domes Resorts’ strategy of expanding in key Mediterranean destinations through partnerships with leading institutional investors. The collaboration with HIP reinforces a shared vision to unlock the value of high-quality resort assets in prime locations.
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.
Dr. George P. Spanos, CEO of Domes Resorts
Cascade Wellness Resort further strengthens Domes Resorts’ presence in Portugal, following Domes Lake Algarve, Autograph Collection, and underlines the Group’s commitment to delivering experience-led hospitality across Europe.
About Domes
Founded in 2008, Domes is one of the most dynamic hospitality groups in Greece, operating 19 five star properties across 12 destinations in Greece, Portugal & Spain. The Group maintains a strong presence in the upper-upscale and luxury segment, with 8 hotels under Marriott International, Inc. brands and 3 under Hilton Worldwide Holdings Inc.
Domes actively collaborates with leading institutional investors, including Hotel Investment Partners (HIP), Grivalia Management Company, Prodea Investments, and AROUNDTOWN SA supporting high quality developments in prime leisure locations. The Group has been recognised for 4 consecutive years as the World’s Leading Resort Brand, reflecting its commitment to elevated hospitality, strong operational performance, and distinctive guest experiences. In 2021 Domes was honored by Marriott International with the 2021 Partnership Circle Award, which is the highest honor that Marriott presents for hospitality excellence.
With an expanding portfolio and a strategic focus on resort destinations in Greece and abroad, Domes continues to shape refined, design-led hospitality with an emphasis on experiential travel, local culture, and exceptional service. For more information, please visit our website at www.domesresorts.com.