The Mondello Palace Hotel in Palermo has been recently sold by Società Industria Alberghiera Turistica S.p.A. (S.I.A.T.) to Mondello Palace Hotel S.r.l., a subsidiary of Geimcor S.p.A., linked to entrepreneur Luigi Masciotta. The new owners plan to invest over 10 million Euros to redevelop the closed hotel into a luxury property, with completion expected by...Read More