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Investments
Two weekends ago (21-22 June), Venice was still definitely still. We had found ourselves visiting the island for work, discovering that visitors, all mainly from Veneto, walked around very comfortably among the usually unviable streets, with backpacks but no trolleys. No rows on the steamers, indeed free seats in the bow in the early hours...
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First signs of recovery for hospitality investments are recorded the Italian Alpine region, after the forced stop induced by the Covid-19 pandemic. The latest news, in fact, come in a few days back, announce the acquisition of the historical Hotel Ancora (upscale, 49 rooms) in Cortina d’Ampezzo by Renzo Rosso (negotiations started ahead of lockdown). Through its fund Red Circle Investments,...
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Milan, and in particular the Rogoredo district, is getting ready to welcome a new player in the world of hotel chains. Last year the construction of a new 10-floor building was announced in the suburban district, renovation of which began some years ago with the redevelopment of the former industrial area. The new construction, born...
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The J Hotel in Turin, officially launched at the end of November 2019, has opened a new frontier in the hospitality sector in Italy. The 4-star hotel, located few steps away from the Allianz Stadium and the Continassa, respectively official playing field and training center of Juventus F.C., has 138 keys, 35 of which are...
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2019 has been for sure the most intense year in the last decade for the investments in the hotel sector in Italy. Way further than the first signals of this positive trend, which had come already at the end of the last year, when the French fund LVMH acquired the entire Belmond group, owner and...
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Real estate investments in Italy, especially those with foreign capitals, continue to sustain the Italian economy. According to CBRE, in our country in the first two quarters of 2019 the total amount invested in real estate properties is of 5.2 billion euros, a trend which will continue in the third and fourth quarter (CBRE). The...
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The next 3 years will be crucial for Venice hotel development. As it becomes almost impossible to find room for development in the Island, Mestre district is destined to play the role of the substitute. Having planned to invest further into the repositioning of the area, with the opening of the M9 museum and the...
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