Meliá extends its properties over Italy. The hotel company announces two new hotels in Sicily, which will operate under the Innside brand. The opening is scheduled for 2024 and will lead to expanding the offer on the Peninsula with 261 additional rooms. The first of the two structures, Innside Noto, will have 146 rooms and...Read More
The report, written entirely in English, is based on the complete list of all luxury hotels in Italy and on new openings. It’s the most up-to-date and comprehensive source of performance data, including revenue and EBITDA, statistics, new openings and more. You can find it here.Read More
New 5-star address in Rome, the second of the Evok Hotels group on Italian soil, after the Venice pipeline: the Nolinski Palace Venice. In particular, Zaka Investments and Evok Hotels, both owned by Pierre Bastid and managed by Romain Yzerman and Emmanuel Sauvage respectively, took over a property in 2021, a former school, with the...Read More
Marriott International opened its 30th all- inclusive in its portfolio in the Caribbean and America Latina. As for the luxury segment, the Sanctuary Cap Cana adults only, all-inclusive resort Luxury Collection in the Dominican Republic, scores the launch of the first luxury all-inclusive resort for the chain. Philipp Weghmann, VP and global leader of the...Read More
Castello SGR has recently taken over the complex real estate located on via Lungotevere Raffaello Sanzio 15, facing the Tiberina Island, close to the Trastevere district in Rome. The asset has been detected by the SGR on behalf of an investment fund reserved underwritten by qualified investors. The property, dating back to the early 1990s,...Read More
Edyn has announced the acquisition of an NH-branded hotel in West London, which will become a Locke aparthotel. The acquisition of the NH hotel will therefore be refurbished and repositioned as a 121-unit Locke aparthotel, the sixth in the city. The acquisition is part of edyn’s growth plan in Europe, with new properties being developed...Read More
According to rumors, the owner of Generator Hostels, Queensgate, has sold the company for a total amount of approx. 1.5 billion euros. The chain of hostels counts accommodations in several global destinations including London, Paris, New York, Miami, Rome and Venice. According to a source, the group would have started the sale process in 2020...Read More
The sale of the Park Hotel Cassano d’Adda (Milan), owned by Reoco CR1 RE Srl, to a leading international investor was also completed in August. The asset, therefore located between Milan and Bergamo, has 104 keys, a restaurant, lobby bar, four meeting rooms and internal parking. According to the plans of the new property, the...Read More
The Lido di Venezia II fund managed by Coima SGR concluded the sale of the Hotel Excelsior on the Lido di Venezia to the English operator London & Regional Hotels (L + R), the fund’s main shareholder and current hotel manager. In addition to the hotel, some ancillary assets were sold, including the concessions of...Read More
Faded at the first acquisition attempt (for EUR 2.65 million) following bids at closed auction, the domestic group Piazza Hotels & Residences (PHR) managed to definitively secure the Colonia Bolognese complex. PHR therefore took over the asset at 5.22 million and the development project for the asset envisaged by the group could see the construction...Read More