Studio Moren is increasing its focus on Italy following its award-winning refurbishment of the Hotel Villa Pamphili Roma; the venue for this year’s ITHIC conference. The architecture and interior design studio is working on a second project in Rome, as the country evolves to embrace the global hotel brands. Studio Moren renovated and redesigned the...Read More
The increase in the cost of debt following the ECB’s interest rate hikes had a negative impact on property values, calling into question the ability of counterparties to respect financial covenants and, on some occasions, debt servicing. In this context, despite the fact that ample liquid assets remain in the hands of credit institutions and...Read More
In Italy, the hotel industry is undergoing a highly dynamic phase of great transformation. With only 21% of the stock of hotel rooms linked to a brand, today, Italy is among the European countries with the lowest brand penetration. Undoubtedly, this represents a great opportunity both for upgrading existing stock and for new developments or...Read More
Mangia’s and Hilton have inaugurated a partnership in Santa Teresa di Gallura destined to change the history of Italian hospitality. The commercial brand of Aeroviaggi will benefit from the expertise of the American group to enhance its own ‘upper upscale’ level of service and strengthen the international visibility of the chain, all while promoting the...Read More
The commercial real estate market in Italy is enduring a difficult period, with investment levels lower than the previous year. A similar situation has been observed throughout Europe, with all asset classes affected. Caused by a further increase in the cost of capital as a result of the ECB’s monetary policies to combat inflation, it...Read More
According to a recent report by ForwardKeys, a partner of the City Destinations Alliance, this summer, the European tourism industry has recorded higher levels compared to those of 2019. Despite inflation, extreme heatwaves, and wildfires in the Mediterranean, the volume of tourists from the United States has significantly increased. Flight bookings to Northern Europe increased...Read More
Adjacent to Milano City Village, a recently developed area, lay the old Ex-Plasmon factory, which has been leveled and reclaimed for over a year now. There are plans to develop a “Mixed Use” real estate complex in this location. Last year, AbitareIn, the owner of the area, sold the development project at via Giovanni Cadolini...Read More
In the capital city alone, there are more than 12,000 unapproved non-accommodative structures, according to data sourced from the Tourism Department of the City Council. This information was cross-referenced with official records and listings on prominent online platforms. As reported in the local edition of Corriere della Sera, this situation has resulted in a failure...Read More
Pellicano Hotels and Aermont Capital, an independent asset management group focused on real estate and related investments in Europe, have entered into a partnership agreement to support the growth of the hotel group, particularly in Italy. The goal is to enhance the brand’s potential in the luxury hospitality sector and to increase the number of...Read More
