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GIC, a sovereign wealth fund of Singapore, is the new majority shareholder of the Sani / Ikos Group (SIG), a group that manages 10 luxury all-inclusive resorts along the Mediterranean coast, in Greece and Spain. According to a press release, the deal, the largest in Europe since the start of the COVID-19 pandemic, values ​​the...
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According to local press sources, the American Apollo fund would have sold the property of the Hotel Des Bains, 4 * in Montegrotto Terme, to the Barettella family, who already managed the hotel. We recall that the Apollo fund had taken over the asset in 2021 after being awarded, for approx. 842 million euros), ENPAM’s...
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New developments for the redevelopment project of the former Santa Cristiana di Numana (AN) real estate complex. The local entrepreneurial group, gathered in 24immobiliare S.r.l., would plan to develop over 200 high-positioning residential housing with the first to be delivered as early as 2024. The investment plan, then, provides for the development of residential structures...
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HR Group, hotel operator based in Berlin, acquired the management and brand rights of 23 structures (approx. 3 thousand rooms) of the Austrian brand Amedia Hotels. Amedia Hotels is an Austrian brand that is part of the Ahc International Consulting company, founded by Udo Chistee in 1983. Ahc International Consulting will retain ownership of 12...
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According to press sources, the Municipality of San Pellegrino Terme (BG), property of the historic Grand Hotel San Pellegrino, who had been looking for an operator for some time to complete the restoration work on the property, negotiations would be underway with CDP to finance the operation. The operation, as reported by the source, would...
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Omnam Group and Mohari Hospitality announced the formation of a strategic partnership aimed at expand and accelerate the development of a portfolio European hotel. Omnam has a diverse portfolio of developments hotels in city and leisure destinations, including the W Rome (which according to rumors it would have been recently sold) already operational, the Four...
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According to rumors the owner of Generator Hostels, Queensgate, would have divested the company for a total amount of approx. 1.5 billion EUR. The chain of hostels counts accommodation in several world destinations including London, Paris, New York, Miami, Rome and Venice. According to a source, the group would have started the sale procedure in...
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New opening at the turn of the summer for the hotel group UNA. The chain entered into a contract at the end of the month in July, two new franchises: The “Posia Retreat & Spa | ONE Experiences ”5 * with 23 rooms located in San Foca, Lecce UNAHOTELS Le Terrazze Treviso Hotel & Residence...
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The BW Premier Collection Palazzo Gatto Art Hotel & SPA in Trapani is the Sicilian new entry of the Best group Western (BWH). The property is located in the historic center of Trapani, and is the result of the conversion of a historic 18th century building. The hotel is a 4 * with 19 keys...
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As anticipated by some rumors, the American investment fund Angelo Gordon Investments, in partnership with Westmont Hospitality Group (Canadian hotel manager), acquired the Spanish chain Room Mate, after the operation was approved by the Madrid court. It is recalled that the company based in Madrid had officially declared bankruptcy (more precisely voluntary concurso) at the...
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