The Bauer Hotel, a landmark of luxury in Venice, has been acquired by King Street Capital Management, an American investment firm recognized for its strategic real estate portfolio. This acquisition from Signa, the Austrian real estate group, signifies an exciting development in the hospitality landscape of Venice. King Street Capital, alongside Starwood Capital Group, previously...Read More
Düsseldorf-Based Hospitality Powerhouse Bolsters Presence in the Luxury Hotel Sector In a strategic move that signifies growth and expansion, the Lindner Hotel Group (LHG), headquartered in Düsseldorf, has recently announced the acquisition of management rights for five distinguished hotels, encompassing over 1,000 rooms from the 12.18 Group. This merger is a pivotal step in LHG’s...Read More
According to THRENDS’ recent reanalysis of ISTAT data, statistics from the offices of several regions, and estimates for 2023 (due to a lack of available data), the top three regions in Italy by visitor numbers in 2023 were Veneto, Trentino-Alto Adige, and Tuscany. An overall view of the top 15 Italian regions shows an increase...Read More
In the 30 years leading up to 2020, demand for Italy grew at a pace of about +2.8% (hotel arrivals, compound annual growth rate), with foreign arrivals even increasing at a CAGR of +3.2%. Before the total shutdown of travel, Italy’s tourism demand was strong (281 million overnight stays in 2019), with the international market...Read More
Hyatt has recently announced its expansion plans: the pipeline includes the opening of 75 hotel properties in the EMEA region, adding to the existing 206, for a current total of approximately 46,200 keys. The development strategy is also focused on Europe, targeting countries such as Spain, France, and Italy. Embracing an asset-light strategy more and...Read More
According to recent research conducted by JLL, European investment volumes in 2024 are expected to grow by 15 to 25% compared to 2023. The latest Global Hotel Investment Outlook by JLL Hotels & Hospitality Group found that urban markets are among the most attractive for hotel investments: indeed, 84% of hotel investors surveyed for the...Read More
The Berlin-based hostel chain A&O Hotels & Hostels plans to invest approximately 500 million Euros in the group’s expansion, converting existing properties used as offices and shops into accommodations. Founder and CEO Oliver Winter has shown flexibility towards real estate contracts, stating, “Whether it’s leasing or ownership, new construction or conversion, our real estate expansion...Read More
The investment company HIG Capital has announced that several of its affiliates have pooled their assets to create Ella Hotels & Resorts, a brand that will encompass 13 hotels totaling 4,500 keys. Ella Hotels & Resorts will thus be a hotel group managing a collection of luxury and sustainable lifestyle resorts throughout Southern Europe, primarily...Read More
Energon invites you to take part in a friendly and non-competitive short run (5 km) which will give you more opportunities to team-up with ITHIC participants and friends. Join us at 07:30 AM on October 20th (Day 2). This is a great opportunity to discover Villa Pamphili Park at a time when it is calm,...Read More
Real estate is constantly evolving and, undoubtedly, ESG is among the most important challenges facing the market, so the hotel industry cannot be exempted either. Hotel guests, investors, owners, employees and brands worldwide are increasingly showing interest in responsible environmental practices, sustainable tourism, social welfare, corporate governance and transparency. The growing expectations of customers and...Read More
