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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, there were approximately 63 new affiliations, 54% of which belonging...
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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 movement’s meditation academy, the historic hotel faced a period of...
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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 could face difficulties for years, thereby exposing bank loans, investment...
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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 hotels growing at a Compound Annual Growth Rate (CAGR) of...
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Robin Rossmann, in his speech at IHIF 2023 in Berlin, titled “Know your Unknowns: Data Insights on Performance, Pipeline, Pricing”, said that last year there were fears that we were approaching a period of stagnation; however, things have changed in recent weeks. «By analyzing the March data, we can state that the occupancy rate is...
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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...
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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...
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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...
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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...
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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...
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