William Buxton

M. & J. Pestana-Sociedade de Turismo da Madeira SA owns and operates hotels. It operates in hotels and resorts in Portugal, Brazil and Mozambique. The company is also active in real estate development, besides operating golf courses, casinos and airline under the name euroAtlantic airways. The company was founded in November 1972 and is headquartered in Lisbon, Portugal.

Grupo Pestana SGPS SA operates as a holding company with interests in hotels and resorts. It owns and manages a chain of 38 hotels and 40 Pousadas through Pestana Hotels and Resorts. The group carries out activities through two business units, namely Pestana Turismo and Pestana Investimentos. It also operates casinos, golf courses, airlines, and real estate properties. Grupo Pestana was founded in 1972 and is headquartered in Lisbon, Portugal.