Azora expands its golf portfolio with the acquisition of Praia d’El Rey and West Cliffs

Azora, a Madrid-based European real estate investment manager, has significantly enhanced its presence in the Portuguese market by acquiring the prestigious Praia d’El Rey Resort in Óbidos, Portugal. This acquisition, executed through the Azora European Hotel and Lodging Fund (AEHL), includes the luxurious Marriott Praia d’El Rey hotel, two top-ranked golf courses—Praia del Rey and West Cliffs—and the management of 90 apartments and two food and beverage outlets.

The Marriott Praia d’El Rey, a 177-room, 5-star hotel, is a jewel in our crown. It will continue operating under the Marriott brand, managed by Blue & Green. The hotel, with its stunning backdrop of the Atlantic Ocean, direct beach access, and surrounding golf courses, offers a unique and luxurious experience. It boasts premium amenities, including four dining options, a renovated spa and wellness area, indoor and outdoor pools, a kids club, and extensive meeting and event facilities. The golf courses, recognized among Portugal’s top ten and recipients of the 2023 Golfer’s Choice Award from Leading Courses, are key highlights of the resort.

Azora leadership position

This acquisition is a testament to Azora’s strategic growth in Portugal. It expands our portfolio to include seven hotels and two golf courses with 36 holes. The Praia d’El Rey Resort, with its exceptional facilities and prime location, strengthens Azora’s position as a leader in the leisure and golf destination sector in Europe and underscores our commitment to delivering exceptional experiences to our guests.

Azora’s portfolio now encompasses over 12,000 keys under management, cementing its status as a significant player in the European hospitality and leisure investment sector. Since its inception, Azora has invested over €3 billion in the hospitality industry, acquiring over 100 hotels and 26,000 hotel keys. The company’s strategy focuses on high-quality hotels and urban hostels, targeting assets that require active management and repositioning.

Launched in 2021 with €815 million in capital, AEHL has focused on the vacation hotel segment in major European destinations. The fund employs a value-add strategy, emphasizing asset transformation and active management of hotel operations. Recently, AEHL has also adopted an alternative hotel strategy for urban tourism, targeting a diverse range of travellers and aiming to revolutionize city tourism.

Concha Osácar, one of Azora’s founding partners, expressed confidence in the hospitality sector across the Mediterranean and Southern Europe. She emphasized that the acquisition of Praia d’El Rey Resort marks a significant milestone for AEHL, underscoring Azora’s commitment to high-potential markets and its belief in Portugal’s growing appeal to both European and American tourists.

For over 30 years, Tee Times Golf Agency has offered the best packages for those seeking Portugal golf holidays. With extensive industry experience, we provide unparalleled access to top courses, including the newly acquired by Azora, Praia del Rey and West Cliffs golf courses, ensuring a memorable and high-quality golfing experience.

Portugal Golf – Summer Fever

Vilamoura Pinhal Golf Course. Summer Fever

Summer Fever

Fantastic Summer Offers to enjoy during your summer holiday.
  Don’t miss this opportunity to play your “bucket list” golf courses with special summer deals.
  We at Tee Times Golf Agency guarantee our customers the best deals and also guarantee that they will have a safe environment during their golf vacation.
  Take advantage of all early booking offers with complete flexibility and confidence.


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Salgados, Amendoeira Faldo & O'Connor Golf Courses


Alamos & Morgado Golf Courses


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Quinta do Vale Golf Course


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Tee Times Prestige Tournament 2021


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Aroeira Pines & Challenge Golf Courses


Lisbon Sports Club


Praia del Rey & West Cliffs


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Mar Menor & Alicante


Real Club de Golf El Prat


Barcelona 3 Golf Courses Golf Pass


Isla Canela, El Rompido North & South


Back on the fairways

Espiche Golf Course. Back on the fairways

Back on the fairways!!

Closed for more than 6 weeks, golf courses in Portugal are preparing to open gradually, to the delight of golf lovers. During this period, they strictly maintained their maintenance plans, so that players can fully enjoy returning to walking on a fairway.
Preventive measures have been established and will be part of an entirely new experience. However, this semi-reacquired freedom will allow players to enjoy the magnificent fairways and greens of the Portuguese golf courses under that wonderful sunshine that we all miss.
Restaurantes also opening slowly with some restrictions and allowing all to enjoy again the portuguese hospitality and cuisine.
We fight together, let´s smile together!
Portugal has launched a “clean and safe” certification to let travelers distinguish when a company is compliant with hygiene and cleaning measures to stop the spread of Covid-19.
Tee Times Golf Agency has successfully joined the scheme, thus ensuring the protection of our employees as well as the tourists we welcome in our offices.


Espiche Golf Course


Vilamoura Old Course
Vilamoura Laguna Golf Course
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Vilamoura Millennium Golf Course
Vilamoura Victoria Golf Course

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Vale do Lobo

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Vila Sol Old Course
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Silves Golf Course
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Monte Rei

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West Cliffs Links

West Cliffs Links

Praia del Rey

Praia del Rey

Aroeira II Golf Course
Aroeira II Golf Course
Ribagolfe Golf Course
Ribagolfe Golf Course
Quinta do Perú Golf Course
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Oporto Club

Oporto Club

Azores & Madeira

Palheiro Golf Course


Santo da Serra Golf Course

Santo da Serra

Batalha Golf Course