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Investments
Francis Edward Fabri Eolo cinema Florence hotel conversion
Francis Edward Fabri will lead the conversion of the former Eolo cinema into a hotel in Florence’s Oltrarno district. The project will move forward under new ownership, although its original concept remains unchanged. The property stands on Borgo San Frediano, in one of Florence’s historic neighbourhoods. Ad Casa, led by Andrea Duranti, initially announced the...
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Radisson Blu Porta Vittoria hotel in Milan
Radisson Blu Porta Vittoria will open in Milan in the first quarter of 2027, expanding the group’s presence in Italy. The announcement came during a press breakfast attended by Valerie Schuermans, Vice President for Western and Central Europe, and Mauro Vinci, Vice President of Development and Managing Director for Italy. Located in eastern Milan, between...
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Le Picchiaie Resort on Elba Island acquired by Essence Hotels
Essence Hotels has acquired Le Picchiaie Resort on Elba Island for approximately €5 million. The deal marks the group’s first acquisition following its bond issuance last August. Founded in 2022 by Antonio Cafarelli, the Marche-based hospitality group purchased the property from Petroholding. The Russian group operates in the oil and gas and real estate sectors....
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Garibaldi Hotels Calabria properties Mediterraneo Palace and Arcomagno Village
Garibaldi Hotels expands in Calabria with the Mediterraneo Palace and Arcomagno Village, strengthening its presence in the Italian hospitality market. The group, headquartered in Ostuni, also reported strong financial results in 2025, with revenue rising by 16% to €25 million. This compares with €21.5 million in 2024 and just €7.5 million in 2017. Garibaldi Hotels...
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Futura Club Avent Dolomites opens in Folgarida following the acquisition and renovation of the former Hotel Union.
Futura Vacanze expands in the Brenta Dolomites with the acquisition and renovation of the former three-star Hotel Union in Folgarida. The company invested just under €15 million in the project, including the refurbishment works. The 90-room property sits just 20 metres from the Belvedere cable car. It serves the Campiglio Dolomiti di Brenta, Val di...
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Romeo Group Sorrento Peninsula luxury hotel in Massa Lubrense
Romeo Group expands in Sorrento Peninsula with a new luxury hotel in Massa Lubrense, scheduled to open in spring 2027. Designed by Kengo Kuma, the property will feature 63 rooms and suites, alongside independent villas, swimming pools, a spa and a beach club. Guests will also have access to a private fjord and pier. The...
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Bzar expands in Puglia with Hotel Cappello in Lecce
Bzar expands in Puglia by taking over the management of Hotel Cappello, a three-star property near Lecce railway station. The hotel offers around 30 rooms and recently changed ownership in a deal reportedly worth just under €1 million. The previous owner, Fabers Srl, reportedly sold the property, according to industry insiders. Turismore Srl, a hospitality...
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Numa Italy expansion across Rome, Milan and Florence
Numa Italy expansion continues with five new properties in Rome, Milan and Florence. The additions strengthen the group’s presence in three of the country’s main urban destinations. In Rome, Numa has taken over the management of two existing buildings. The first, located on Via del Basilico, now operates as Numa Rome Via Veneto. The second,...
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WorldHotels Backdrop Italy debuts with two glamping resorts on Procida.
WorldHotels Backdrop Italy will debut with two glamping resorts on Procida, in the Gulf of Naples. The new BWH Hotels brand focuses on upscale outdoor hospitality. Procida Camp & Resort Ciraccio and Procida Camp & Resort La Caravella will offer 41 units combined. Guests will find sea-view lodges, tiny houses and Airstream trailers. Mediterranean gardens...
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Montecatini five-star hotels Rossini and Bellini redevelopment project
The Montecatini five-star hotels project will transform two historic properties into luxury accommodation by the first half of 2027. Egyptian-born entrepreneur Fouad Hassoun, president of Kiwi Beach Resorts, is leading the initiative. He acquired the three-star Hotel La Pia and the former Hotel Impero at auction. Now, he plans to reposition both properties towards the...
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