In the capital, the performance of 5-star hospitality is making a strong recovery in 2022 and is expected to consolidate in 2023. But the numerous luxury hotel developments, which will bring about 1,800 new rooms to the center over the next 4 years, could be too many for the capacity historical growth of the destination,...Read More
Podere San Filippo, an 8th century farmhouse located in the municipality of Barberino Tavarnelle (FI) and owned by Castello del Nero, will reopen on 15 June following a restructuring and rebranding. The Podere will in fact become part of the COMO Hotels & Resorts chain. We remind you that Castello del Nero became part of...Read More
Primestar Group, a German hotel group, will debut in Italy in June with its new brand «June Stay». The structure will be located on Lake Garda, near Brenzone (VR) and will include 46 serviced apartments ranging from 35 to 80 m2 with kitchenette, one or two bedrooms and private terrace or garden, many of which...Read More
Second acquisition for iAM Capital Group in Italy. Through the iAM Capital Europe II Fund (“ICE II”) and its local partner, Mr. Andrea Della Valle, the London-based company has acquired the Capo Mimosa tourist complex, a former camping site located in Cervo (IM). Local entrepreneurs sold. The lot covers an area of 5.5 hectares. The...Read More
The French chain «Les Domaines de Fontenille» lands in Italy, with a 5* structure with 22 keys. The works are nearing completion, and the opening is scheduled for 15 June 2023. Fontenille Toscana will be located next to the Pieve di Santa Maria Novella in Radda in Chianti (SI), inside an ancient convent. The rooms...Read More
Russotti Gestioni Hotels, a white-label domestic chain, with currently a portfolio of 5 hotels owned, for approx. 1,476 keys, is Marriott’s most important franchisee in Italy. In recent days the group has announced the rebranding of RG Naxos Hotel, 4* with 296 keys (including 28 suites), located in Giardini Naxos (ME). The hotel has become...Read More
According to data published by ISTAT, in 2022 242 million overnight stays were recorded in hotels, i.e. 86% of the volumes recorded in the pre-pandemic, while in 2021, the recovery of hotel attendance stood at 59% . August, October and December were the months in which volumes were recorded close to the pre-Covid results, with...Read More
More than 56 million presences are expected for the outdoor segment for the summer of 2023 (meaning the months of June to September), with growth stabilising compared to 2022 (+2%) and a recovery of the normal demand trend compared to 2019 (+1%). 2023 is expected to be one of the best summers in the last...Read More
A recent Altrex article revealed what are the main problems that hotel investors are facing today in the context of refinancing operations. Over the past two weeks, a series of shocks around the world has sparked worries of another financial crisis. The collapse of Silicon Valley Bank and Credit Suisse, persistent inflation and rising interest...Read More
According to a recent analysis by Thrends on the hotel segment in Northern Italy*, from 2013 to 2022, accommodation facilities saw a decrease, equal to a CAGR of -0.7%. However, chain hotels grew at a CAGR of +5.3% and consequently the CPR (% of chain hotels compared to the total offer), which increased from 3%...Read More