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 demonstrated their commitment to Venice through a €330 million bond issuance aimed at refinancing the Hotel Danieli. This investment not only facilitated debt refinancing but also allocated significant resources for the hotel’s renovation and rebranding efforts.

With the acquisition of the Bauer Hotel, King Street Capital is poised to explore strategic opportunities for the property, including potential redevelopment or a sale, with the goal of re-opening as a Rosewood-branded hotel by 2025. This strategy underscores King Street’s investment in enhancing Venice’s luxury hotel sector, mirroring their involvement in the forthcoming transformation of the Hotel Danieli into a Four Seasons hotel in 2025.

The sale of the Bauer Hotel to King Street Capital marks a new chapter for this Venetian gem, promising to bring renewed focus and investment into the city’s esteemed hospitality offerings.