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Investments
The European Union has introduced a new Schengen visa policy that makes it easier for Indian tourists to travel to Italy and other European destinations. This updated policy offers more flexible and longer-term multiple-entry visas to Indian citizens. For Indian travelers residing in India who have used a Schengen visa for short stays twice in...
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BWH Hotels has announced its latest addition to the Group: Antico Sipario Boutique Hotel, BW Signature Collection, a 3-star hotel with 8 rooms located in Paciano (PG), in the Lake Trasimeno area. Owned by Director Claudio Bittoni, the hotel originates from the restoration of an ancient medieval palace. It includes a conference room that can...
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Delta Hotels’ New Ventures in Italy Delta Hotels, a Marriott brand, has announced four new hotels. Three are in Campania, and one is in Milan. The Campania properties are managed by Pinewood Hotels. These include Resort Marina di Castello in Castel Volturno, a 4-star hotel with 270 rooms; Hotel Plaza Caserta, a 4-star hotel with...
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Green Bond Issuance Covivio Hotels, a subsidiary of the Paris-listed real estate operator Covivio, successfully issued a €500 million green bond, maturing in May 2033. Controlled by the Del Vecchio family’s Delfin, Covivio saw strong investor confidence, with subscriptions nearly quadrupling the offer. This demonstrates the quality of Covivio’s portfolio, 89% of which is located...
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Official confirmation has arrived from Mandarin Oriental regarding the Group’s debut in Rome, at Villini Sallustiani. The new 5-star address will feature 108 keys, over 40 of which will have a garden or terrace, 6 restaurants, a bar with a panoramic terrace, a gym, and a SPA. The news dates back to the end of...
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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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