According to a recent Skift article, TUI, one of the world’s leading tour operators, might be facing reputational problems because of one of its main shareholders, Alexey Mordashov, a pro-Putin oligarch who met the Russian president in the Kremlin last Thursday in a demonstration of defiance against Western sanctions. As global opposition to Russia’s invasion...Read More

The negotiations for operator search relating to the former Palazzo Compartimentale in Trieste have been announced a few days ago. Recall that, the real estate complex, owned by the FS Italiane Group, was sold for about EUR 10 million to the company PVV Investments (JP Immobilien) based in Mestre. The sale of the property was...Read More

The domestic group Piazza Hotels & Residences (PHR) has recently finalized the acquisition, under lease contract, of the management of Unahotels Varese in Varese (VA), owned by the insurance group Unipol. The PHR chain would plan to maintain, at least in the near future, the Unahotels brand. The hotel is located near the main motorway...Read More

Shortly after the announcement of the end of the Covid-19 state of emergency, a horizon of potential instability on the front of international arrivals due to the looming war situation is once again expected for Italy. On the basis of what has already been seen in March 2014 and in the following months, if the...Read More

Meininger Hotels continues its growth plans in the markets already penetrated in Italy. In January 2022, the group opened its fourth property in France. In Germany, the chain’s main market with 13 facilities, two new openings are planned this year, in Bremen and Dresden. In Italy, on the other hand, after Milan (Milan Garibaldi for...Read More

Arsenale has just signed a financial partnership with Oaktree Capital Management, who will provide Arsenale with 300 million euros, under the form of equity and debt. The loan, 165 million in equity and 135 million in debt, is aimed at supporting Arsenale’s expansion and growth in Italy, more specifically the implementation of its current pipeline...Read More

Borgosesia has just concluded another important real estate purchase, it is the prestigious Petriolo estate in the Sienese Chianti, which was owned by the Savio family since 1974. The property includes an 18TH century building, 14 hectares of arable land and 15 hectares of vineyards cultivated for the production of Chianti DOCG. Borgosesia plans to...Read More

B&B Hotels has recently announced the entry into its portfolio of a new property in the Langhe area. A hotel with 84 rooms, a meeting room (max 50 seats) and large outdoor parking. This new property represents the 3rd hotel added to the chain’s Italian portfolio since the beginning of 2022, after the B&B Hotel...Read More

A new extra luxury property could soon debut in Siena. The operation, for 20 million euros, involves the development of a 5-star hotel from the conversion of Palazzo Sozzini-Malavolti, which was in the past home to the “Università per Stranieri” (University for Foreigners) in Siena. The building, according to local press sources, could be converted...Read More

The Student Hotel has recently announced the closing of an agreement with Unicredit that provides a loan, for the Amsterdam-based chain, equal to 145 million euros. After the openings in Florence and Bologna, the 145-million-euro loan from Unicredit will allow the group to develop two new locations: in Rome San Lorenzo (formerly Dogana) and Firenze...Read More