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In the latest report from the Osservatorio Outdoor Estate 2024, presented by Human Company and THRENDS, the Italian outdoor tourism sector is poised for another robust year. As a Florence-based leader in hospitality and a stalwart in open-air tourism for over four decades, Human Company, in collaboration with THRENDS, reveals that the upcoming summer season...
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Fattal Hotels Italy, a subsidiary of the Fattal Hotel Group, recently announced its purchase of the 4-star, 292-key Hotel Cicerone Rome from Banco BPM for over 70 million Euros. The hotel was previously acquired in 2004 by the Coppola Group, led by Roman real estate developer Danilo Coppola. Following various legal proceedings, Coppola, now a...
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THRENDS recently conducted an analysis of attendance in Italy for the period 2013-2022, highlighting the destinations with the greatest positive changes. It is important to note that, for the purpose of selecting destinations to observe, the provinces that demonstrated a very significant growing trend over the long term (2013-2022) were initially chosen, and sub sequently,...
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During last Friday’s annual general meeting of NH Hotel Group, shareholders voted in favor of renaming the company, which has been rebranded as Minor Hotels Europe & Americas. By adopting the name Minor Hotels Europe & Americas, NH Hotel Group strengthens its integration with Minor Hotels, fostering a unique and recognizable corporate identity for stakeholders...
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The first quarter of 2024 closed with a total investment volume in the Italian commercial real estate market reaching €1.35 billion. This represents a significant 27% increase compared to the same period in the previous year, according to data from CBRE. This recovery is a reflection of the improving signs observed over recent months, despite...
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This year’s International Hotel Investment Forum (IHIF) in Berlin offered a platform for industry leaders to share strategic insights and future trends in hospitality. IHIF in Berlin is a cornerstone event in the global hospitality industry, attracting key stakeholders to discuss emerging trends, investment opportunities, and strategic challenges. At IHIF, speakers like Sir Rocco Forte...
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In a move that has captured the global hospitality industry’s attention, Proprium Capital Partners, a prominent London-based private equity firm, has sold its 35% stake in Motel One, a budget design hotel chain rooted in Munich, for an impressive sum of 1.25 billion Euros. This transaction marks the transfer of majority ownership to One Hotels...
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The Marican Holding industrial group, led by the brothers Carlo, Ferdinando, and Michele Canciello, has unveiled a new investment plan, amounting to approximately 350 million Euros by 2027 in the provinces of Caserta and Naples. The investments are aimed at constructing 3 hotels, totaling 416 keys plus 55 apartments, and two buildings, one residential and...
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During the third National Day of Chamber of Commerce Tourism, focused on the theme “The Great Events: Jubilee 2025 and Milan-Cortina 2024 Olympics – The New Dimensions of Hospitality”, an event organized by Unioncamere and the National Institute for Tourism Research (ISNART), it was revealed that Italy is expected to welcome over 36 million tourist...
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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...
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