Arsenale has secured new financing to support its 2026–2031 industrial plan and accelerate its luxury hospitality expansion. In early summer, the company placed a €300 million bond on the Vienna Stock Exchange. The four-year bond carries a floating coupon based on three-month Euribor plus a 7% spread. According to CEO Paolo Barletta, investors from Northern Europe, America and Asia subscribed to the issue.

The new capital will support development across both the luxury hotel and rail cruise businesses. In particular, Arsenale plans to open a new five-star hotel in Marbella in the near term. Furthermore, the company has identified additional strategic investment opportunities in Rome, Cortina, Tuscany and Southern Italy. Meanwhile, following its acquisition of British operator Golden Eagle Luxury Trains, the group is reportedly finalising a new transaction in Asia.

The bond issue could also support a potential future stock market listing. However, management has not yet made a final decision on the matter. The financing operation also coincides with a dilution of Oaktree’s stake, which has fallen to around 4%. The Barletta Group currently holds approximately 71% of Arsenale, while Bulgari owns 24.5%.

Arsenale operates across luxury hospitality and lifestyle through a multi-brand platform. Its portfolio includes the Orient Express hotels in Rome and Venice, Santavenere in Maratea and Villa Diodoro in Taormina. In addition, the company develops the Dolce Vita Orient Express luxury train concept, strengthening its positioning at the intersection of hospitality and experiential travel.

Overall, the new financing provides Arsenale with significant resources to advance its expansion strategy. At the same time, the company continues to attract international investors and pursue opportunities across both established and emerging luxury destinations.