Espirito Santo Tourism (EST) is the holding company for all the investments of Group Espirito Santo in the tourism area, mainly in the hotel, travel and golf industries.

Through Tivoli Hotels, EST manages a total of fourteen hotels, in Portugal. Recently, the Group acquired the eco resort "Praia do Forte" in Bahia, Brazil, and is also studying other opportunities to expand in this country.

The travel distribution sector - tour operating and travel retail - is also a key part of the Group's operation in the tourism sector.

Following a successful merger of its tour operating and travel agencies with another company, Group Espirito Santo created Top Atlântico, Portugal's largest player in the travel distribution sector. Top Atlântico boasts several tour operators and over 100 travel agencies in Portugal, with subsidiary companies in the United Kingdom, France, Italy, Spain and Brazil.

As a player with a wide strategy in the tourism sector, Group Espirito Santo has been investing in the real estate and golf industry in the Algarve and around the Lisbon area. In the golf sector, through ESGolf, the Group manages six golf courses and four additional ones are in project.