Excelsior Palermo has reopened after an extensive renovation. The project marks its repositioning from a four-star property to the five-star luxury segment. Originally established in 1891 as Hotel de la Paix, the hotel dates back to Sicily’s Universal Exposition. It remains one of Palermo’s historic hospitality assets. The property previously belonged to Acqua Marcia Turismo...Read More

Brunet Hotels has launched a major redevelopment project in Primiero San Martino di Castrozza, Trentino, with the ambition of upgrading its hospitality offering from four to five stars. The historic hotel group, founded in 1923, currently operates three properties: Hotel Tressane, Park Hotel Iris and Relais Le Gemme. The complex has temporarily closed to allow...Read More

French real estate investment fund SCPI Reason has made its first investment in Italy, acquiring a portfolio of two B&B Hotels properties in Piedmont for a total of €5.6 million, excluding transaction costs. Managed by MNK Partners, the fund has entered the Italian hospitality market through the acquisition of B&B Hotel Cherasco Langhe and B&B...Read More

Alderan has acquired the Four Points by Sheraton Venice Mestre through a sale-and-leaseback transaction with Move Hotels, the company controlled by François Droulers. The French real estate investment manager completed the deal through its SCPI Comète. Although the parties have not disclosed the transaction value, estimates from French property database CfNews Immo place it at...Read More

Hyatt is strengthening its presence in Rome with the opening of its first Thompson hotel in Italy and the upcoming launch of its first Hyatt Regency property. These two openings mark an important step in the group’s expansion across the Italian hospitality market. In fact, Hyatt has grown from two hotels in Italy in 2019...Read More

WorldHotels marks a major new chapter for BWH as the group adopts a single global masterbrand to bring together more than 4,000 hotels and 18 brands. The rebranding aims to strengthen the group’s market positioning and provide greater clarity for guests and hotel owners. Moreover, the company has introduced a unified loyalty programme, alongside a...Read More

Cheval Blanc Pitrizza is expected to open next May, marking the completion of a rebranding project that has taken around a year longer than initially planned. The luxury hotel, owned by Smeralda Holding, will become the first property of the LVMH brand in Italy. The arrival of Cheval Blanc on the Costa Smeralda follows a...Read More

iGeneration has expanded its student accommodation portfolio with the opening of Camplus Padova Portello in Padua. The new residence offers 350 beds across 242 rooms. It also represents a €25 million investment by the iGeneration fund, which promotes and finances the initiative. The property covers more than 8,600 sqm and provides affordable accommodation for university...Read More

This Time Tomorrow is preparing to enter Lecce with a potential five-star boutique hotel at Palazzo Quarta. The brand already operates in Marrakech and Florence. It now aims to convert one of Lecce’s most prestigious historic buildings into a luxury hotel. According to local media reports, Denizen is behind the project. An international group of...Read More

Kwee family Florence development is gaining momentum following a €39.8 million mortgage loan from UniCredit. The financing will support the conversion of Palazzo Rimbotti into a luxury complex. The project could operate under the Capella brand, although the company has not confirmed this possibility. Tortoise Srl owns the property in Piazza degli Antinori, near Via...Read More