Antonio Fragateiro has been appointed General Manager for Portugal at NUMA Group in Berlin, Germany
NUMA Group, Europe's leading operator of a fully digitized hospitality platform, today announced the appointment of five new General Managers across its key European markets, marking a significant milestone in the company's strategic expansion and operational excellence initiatives. The appointments reflect NUMA's commitment to strengthening its regional leadership capabilities as the company continues its rapid growth trajectory following its success in 2024, marked by expansion in Europe, strategic acquisitions, and strong partnerships.
The new leadership structure introduces dedicated General Managers for Germany, Austria, Switzerland, Spain, Portugal, and Eastern Europe, in addition to the previously announced General Manager for Italy. This strategic reorganization positions NUMA to capitalize on local market opportunities while maintaining the company's signature technology-driven approach to hospitality operations.
Antonio Fragateiro has been named General Manager for Portugal, leveraging his extensive background in Portugal's real estate and tourism sectors. Fragateiro brings a unique combination of hospitality operations expertise and financial services experience, having served in senior roles at GuestReady Group and as a Tourism Expert at Portugal Ventures. His deep understanding of the Portuguese market, combined with his experience in vacation rental management and investment advisory, positions him to drive NUMA's expansion in this strategically important market. Fragateiro's multilingual capabilities and proven track record in business development will be instrumental in establishing NUMA's presence across Portuguese cities.
The appointment of regional General Managers supports NUMA's strategic objectives of growing its digital hospitality platform to operate fully digitized hotels, creating an iconic brand for modern travelers, accelerating technology development in guest experience and operational efficiency, and further expanding its European footprint. With assets under management currently exceeding €2.5 billion, NUMA's regional leadership structure ensures the company can effectively scale its operations while maintaining its commitment to innovation and guest satisfaction.
NUMA Group recently concluded a groundbreaking year in 2024, serving over 1 million nights and achieving over 100% revenue growth compared to 2023. The company, now present in 36 European cities across 15 countries, plans for continued strong national and international growth in 2025. NUMA succeeds by leveraging its proprietary technology platform, which uses AI to automate operations and enhance guest experiences, thus redefining modern travel.
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