Mövenpick Hotels & Resorts, one of Accor’s brands, will add 33 new hotels to its portfolio over the next few years, for a total of 7,931 keys. In 2022, 7 of these hotels are already scheduled to open, for a total of 2,000 keys. For 2023, a further 10 hotels will be opened, followed by...Read More
Value One is developing a hotel for approximately 300 keys in Bologna, the company’s first hotel investment in Italy. It has just been announced that the hotel will be managed by the new hotel brand of the company “AWA”, it will be called AWA Hotel Bologna and will become part of Radisson Individuals. The newly...Read More
Rosewood Venice stopped the development in Hotel Palazzo Donà, whose repositioning and rebranding project was overseen by Arsenale SpA. Instead, the asset will be branded Orient Express by Accor. After the first pipeline in Rome, the Grand Hotel De La Minerve, the brand lands in the Lagoon for the second opening in Italy, scheduled for...Read More
According to rumors, the Britannia Excelsior Hotel, once repositioned as 5 stars, will be rebranded. According to the source, the hotel will therefore be branded with a luxury brand from the Marriott portfolio, the Edition Hotels brand. Once redeveloped, the hotel will include more than 2,000 square meters of catering spaces with bars and restaurants...Read More
Atalante Hotels is a French hotel chain, whose portfolio consists of 19 hotels, for a total of over 1,400 rooms. The group’s business model is based on the acquisition and management of independent hotels with an international brand, most of which are located in France and Belgium. However, the chain’s expansion plans include all of...Read More
Hilton recently announced global expansion for Hilton Garden Inn starting this year. In fact, 123 new hotels are planned, for a total of 22,094 new rooms. In 2022 alone, 47 hotels are expected to open, for a total of 8,460 rooms, while by 2023, the debut of a further 31 hotels will follow, for a...Read More
The W brand in Italy has planned new openings for 2024. After the announcement of W Florence (Ex Grand Hotel Majestic) in Florence, Marriott’s group brand confirms the opening of W Milan in Milan and plans to debut in Naples as well. In particular, the W Milan Duomo is one of the two properties of...Read More
A 500 million euro pan-European development strategy. This is the heart of the strategic partnership signed between LaSalle Investment Management and the Numa group. Numa is known as an operator specializing in non-traditional accommodations with a particular focus on technology. The collaboration is part of LaSalle’s growing business value-add investments and involves the acquisition, refurbishment...Read More
Covivio group with the main shareholder Delfin di Leonardo Del Vecchio confirms the recovery of the sector already emerged at the end of the 2021 financial statements. 160% of flexible rents in France. The collection percentage of fixed fees amounts to 100%. Furthermore, the last unpaid revenues of 2021 were fully recovered during the 1st...Read More
Israeli hotel group Fattal Hotel Group, listed on the Tel Aviv Stock Exchange, recently reported that it raised 315 million euros from Israeli institutional investors led by Harel Insurance Investments and Financial Services and Menorah Mivtachim Group in order to expand its hotel portfolio in Europe. The amount raised could increase to 400 million euros...Read More
