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Industry insights

As for every semester, THRENDS issues the update on Hotel Chains in Italy through our Chains Monitor Italy, which tracks new affiliations to domestic and/or international chains and recent exits, along with hotel pipeline for the next 3 years. In the second half of 2023,...
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The Grand Hotel Milano, an exquisite Art Nouveau establishment designed in 1910, is set to reopen its doors in Brunate, a charming village nestled on the slopes of Lake Como. After a hiatus since 1982, during which it served as the headquarters for the Maharishi...
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According to the latest report on the real estate sector by the European Central Bank, weak profitability prospects are creating increased downside risks in the portfolios of European banks exposed to the commercial real estate market. The report specifies that the sector in the Eurozone...
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According to Thrends’ Chain Hotels Database, there are currently 96 chain hotels in Trentino-Alto Adige, with 37 located in the province of Bolzano and 59 in the province of Trento, totaling 6,760 keys. Branded hotels have experienced growth over the past 10 years, with chain...
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The sovereign wealth fund of Singapore, GIC, one of the major global investors, has acquired a 35% stake in Hotel Investment Partners (HIP), one of the leading hotel owners in Southern Europe. HIP was founded in 2015 and was acquired by funds managed by Blackstone...
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Palace Resorts recently announced the acquisition of 100% of Baglioni Hotels & Resorts. In the bulletin dated 15.11.2022, we reported the acquisition of 75% of the Italian hotel group by the Mexican Group. According to the statement made by the Baglioni Group last year, it...
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Philipp Plein, the German luxury brand, will debut in the hospitality sector with “The Plein Hotel.” The hotel will be located in Palazzo Melzi d’Eril, the former Krizia Space, in Milan. The opening is scheduled for spring 2024, but the group aims to have a...
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Hyatt Hotels Corp. sta per lanciare una nuova piattaforma di affitti per vacanze a breve termine, denominata «Homes & Hideaways by World of Hyatt», che includerà case private in tutti gli Stati Uniti. Il lancio è previsto nelle prossime settimane, secondo quanto riportato sul sito...
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As previously announced in “The Bulletin” on September 14th, the Hotel Mondello Palace in Palermo is currently closed for a complete renovation and refurbishment of its interior and exterior spaces. The property, set to reopen in the third quarter of 2024, will become part of...
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