After the opening of the “Sublimis” last year in Camogli, the “Carrick” hotel was recently inaugurated after the redevelopment project. The hotel is a 44-key 5-star hotel and has a bar, restaurant, rooftop and wellness areas. In the locality, other hotel development projects could affect the Portofino Kulm Hotel, in a panoramic position on the...Read More
With the entry of Borgo Santandrea, Luxury Hotel Amalfi Coast; Relais & Châteaux rose to 51 properties, for a total of 40 hotels and 11 restaurants. Borgo Santandrea, a recently developed five-star hotel in Amalfi, joins the French network, which has a total of 9 summer new entries and which bring the total number to...Read More
Hotel Dieci is up for auction in Milan, in the Città Studi district, a 4-star hotel with 29 keys. With an auction base of EUR 3.0 million (approx. 100 thousand per key) and a minimum bid of EUR 2,25 million (approx. 75 thousand per key). The building is spread over 4 levels and covers a...Read More
JP Hospitality Investors Club took over the Hotel Milano in Madonna di Campiglio (TN) with the aim of restarting its activities after an extensive restructuring and repositioning plan. The midscale hotel is located in Piazza Righi in Madonna di Campiglio, a ski and summer resort in northern Italy. The property was built in the 1960s...Read More
After the expansion operations started with the purchase of the adjacent Villa Bellinzaghi and the related restructuring plan for over 20 million euros of capex, the company Villa D’Este plans to grow through acquisitions. As stated by the CEO in press sources, the company is investigating acquisitions in Venice, Rome and on the Amalfi Coast....Read More
The Belstay brand has been officially launched. In particular, the brand was born with the repositioning and rebranding of a portfolio of 4 Holiday Inn hotels for a total of 777 keys. Belstay Hotels, a newly established domestic brand, has an upscale positioning and sees sub-urban locations as target destinations. The brand was launched by...Read More
The tourist complex of the Hotel Gattopardo is up for auction in Brolo (ME), a 3-star with 31 keys (including 20 apartment units and 11 hotel rooms) with an appraisal value of EUR 2.3 million (approx. 74 thousand per key) and a minimum bid of around EUR 491 thousand (15.8 thousand euros per key). The...Read More
After the announcement of the conversion of the former PCI building in via delle Botteghe Oscure into a 5-star hotel, the headquarters of the democratic party al Nazareno will also be converted into a luxury hotel. In particular, the conversion project will affect the ancient Collegio del Nazareno, dating back to 1630, not far from...Read More
Choice Hotels International has entered into a definitive agreement to acquire the franchise business, operations and licences of Radisson Hotel Group Americas for approximately $ 675 million, adding nine brands to its portfolio . The agreement will allow Choice Hotels to expand to other locations in Canada, Latin America and the Caribbean, and add 624...Read More
Finanziaria Tosinvest, owner of the former PCI headquarters in Via delle Botteghe Oscure in Rome, recently announced how the building of approximately 8,000 square metres will be restored and converted into a 5-star hotel with 70 keys and a terrace with restaurant. According to the source, the company that will rent the property is a...Read More
