RIO DE JANEIRO, BRAZIL - In a South American first, the world-famous German hotel chain Kempinski is coming to the mountain resort of Canela in Brazil's Rio Grande do Sul state in the very south of the country.
Europe's oldest luxury hotel group, Germany's Kempinski, founded in 1897, announced Friday (27) a partnership with entrepreneurs José Paim, José Ernesto Marino Neto, and Márcio Carvalho to revitalize Hotel Laje de Pedra in Canela, Rio Grande do Sul state.
The entrepreneurs, through LDP Canela S/A, will invest R$540 million (US$100 million) to transform the traditional . . .