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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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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...
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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%...
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According to the Luxury Hotels Database of Thrends, there are currently 17 hotels classified 5 stars in Chianti, for a total of over 800 keys. The luxury offer in the area is mainly made up of hotels independent. The only chain hotels are in fact the Belmond «Castello di Casole» and the Rosewood «Castiglion del...
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According to a recent analysis by Thrends on the economy segment in Italy, from 2013 to 2022, accommodation facilities saw a decrease equal to a CAGR of -2.8%. However, the key chains saw a growth of +23.9% and consequently the CPR (% chain rooms compared to the total offer), went from 0% in 2013 to...
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According to a recent analysis by Thrends on the midscale segment in Italy shows that from 2013 to 2022, lodging facilities have experienced an equal decrease at a CAGR of -0.4%. On the other hand, chain hotels have seen a growth of +6.2%, which led to an increase in the CPR (chain hotel compared to...
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According to the Luxury Hotels Database of Thrends, there are currently 21 hotels classified 5 stars on the Amalfi Coast, for a total of over 800 keys. In the spring 2023 is expected rebranding of the Grand Hotel Convento di Amalfi, which will pass from the «NH Collection» to «Anantara», both belonging to the Minor...
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