HIG Capital recently announced the acquisition of Ullensvang Hotel, a 4*170-key resort located on the banks of a Norwegian fjord. The transacted values have not yet been disclosed. HIG Realty concluded a real estate investment round for a total value of approximately USD 7 billion, including offices, residential, hospitality and logistics. We recall that in...Read More
San Corrado Resort in Noto will open soon. The resort is part of the Relais & Chateaux network and totals 34 keys. It is the only one in the country that can boast a 100m long swimming pool, twice as much the length of an Olympic one. As far as we know, the company owning...Read More
According to the latest company statements, the new DoubleTree by Hilton Rome Monti will open its doors on April 7th. The project comes as the result of a partnership between the Italian chain HNH Hospitality and the company that owns the asset, Reale Immobili. The hotel will have 133 rooms, including 8 suites, spread over...Read More
Private equity Limestone Capital recently acquired the boutique hotel The Yard in Milan (26 rooms). The operation marks the third transaction since the beginning of the pandemic for the group which, in association with its partner Aethos Hotels & Clubs, will manage its second hotel in Italy after Aethos Saragano in Umbria. The Aethos Brand,...Read More
According to an inside source, a primary medium-sized domestic hotel group is about to close the issue of a bond loan. The operation, one of the first Invitalia places in support of hotel chains, is shaping up to be an innovative financial tool aimed to back the development of hotel groups. In this context, Invitalia,...Read More
The new opening in the Capitoline area leads the Mercure brand (Accor Group) facilities to a total of 32 hotels in Italy. The Mercure Roma Centro Termini, 4 stars, is located in the immediate proximity of the Termini station and will be equipped with 39 keys. The Mercure brand room offer is mainly concentrated in...Read More
Over the past few days, H.I.G. Realty Partners (the real estate investment division of the US-based investment fund H.I.G. Capital), committed to a 2.5M investment project on the inventory expansion of Portopiccolo rental apartments, which will increase to 90 accommodations (from the current 20 available). Besides the quantitative increase, H.I.G. Realty Partners will also invest...Read More
On June 2nd Rosewood Castiglion del Bosco will be reopening the doors to its guests. The 5-star estate, spanning over a 2 thousand hectares hill-countryside in Tuscany, is currently undergoing some expansion works which involve an increase of the Borgo total rooms supply. The room inventory will reach 53 rooms in total (from the current...Read More
Two weekends ago (21-22 June), Venice was still definitely still. We had found ourselves visiting the island for work, discovering that visitors, all mainly from Veneto, walked around very comfortably among the usually unviable streets, with backpacks but no trolleys. No rows on the steamers, indeed free seats in the bow in the early hours...Read More
First signs of recovery for hospitality investments are recorded the Italian Alpine region, after the forced stop induced by the Covid-19 pandemic. The latest news, in fact, come in a few days back, announce the acquisition of the historical Hotel Ancora (upscale, 49 rooms) in Cortina d’Ampezzo by Renzo Rosso (negotiations started ahead of lockdown). Through its fund Red Circle Investments,...Read More
