Choice Hotels International has entered into a definitive agreement to acquire the franchise business, operations and licences of Radisson Hotel Group Americas for approximately $ 675 million, adding nine brands to its portfolio . The agreement will allow Choice Hotels to expand to other locations in Canada, Latin America and the Caribbean, and add 624...Read More
Finanziaria Tosinvest, owner of the former PCI headquarters in Via delle Botteghe Oscure in Rome, recently announced how the building of approximately 8,000 square metres will be restored and converted into a 5-star hotel with 70 keys and a terrace with restaurant. According to the source, the company that will rent the property is a...Read More
Apple Leisure Group, the US giant active in the luxury resort sector acquired by Hyatt in August last year, strengthens its partnership with Hotel Investment Partners with the opening in Zakynthos of a new 4-star tourist complex. For the opening of AluaSoul Zakynthos, the two partners invested 5.4 million euros for the renovation of common...Read More
The Bulgarella Group, after the purchase of the former Colonia Olivetti in June of last year, now confirms the acquisition of a second colony, the colony Marina A. De Gasperi in Balestrate. The group has acquired the large building complex and, with an investment of around 15 million euros, aims to build a 5-star hotel...Read More
Philipp Plein recently announced that he has signed a partnership with the company G-Rent to manage the two properties under development under the latter’s brand until 2035. The two properties will be two serviced apartments located in Milan and Rome, whose construction is planned with the direct contribution of Philipp Plein. Both properties have a...Read More
Chapter Hotels Italia acquired the Fontebussi Tuscan Resort complex located in the municipality of Cavriglia (AR), in Tuscany. The 3-star hotel structure is made of nine buildings and land located on a total area of 76 hectares. The covered area, on the other hand, covers a total of 9,200 square metres. The accommodation complex consisted,...Read More
According to press sources, Hines, Apollo and Coima aim at the real estate assets of Edizione. The Benetton family could sell its entire real estate assets, with the exception of the United Colors stores. A potential deal worth almost one and a half billion euros, which would see the sale of iconic buildings and buildings,...Read More
New affiliation for B&B Hotels in Rome. This is the B&B Hotel Roma Italia Viminale, the eighth Capitoline address of the group. The structure, located in the Monti district, has 23 rooms, from single to quadruple, of classic or superior category. B&B Hotels currently holds a portfolio of approx. 57 hotels in Italy for 5,250...Read More
After returning to the market due to the blockade of the authorities to the company that had won the Commodore hotel in Montegrotto Terme, the asset was awarded by an Israeli fund. In particular, only a few days ago, with the new ban, the hotel was awarded to the Israeli fund Jerusalem Gardens Mordoch for...Read More
In March 2020, the sale of the former Teatro Comunale of Florence was finalised. The theatre is located in Corso Italia, it was sold by Cassa Depositi e Prestiti, through its subsidiary Cdp Investimenti Sgr, to the JV between Hines and Blue Noble, for a total amount of 27 million euros. The complex had therefore...Read More
