The Berlin-based hostel chain A&O Hotels & Hostels plans to invest approximately 500 million Euros in the group’s expansion, converting existing properties used as offices and shops into accommodations. Founder and CEO Oliver Winter has shown flexibility towards real estate contracts, stating, “Whether it’s leasing or ownership, new construction or conversion, our real estate expansion...Read More
The investment company HIG Capital has announced that several of its affiliates have pooled their assets to create Ella Hotels & Resorts, a brand that will encompass 13 hotels totaling 4,500 keys. Ella Hotels & Resorts will thus be a hotel group managing a collection of luxury and sustainable lifestyle resorts throughout Southern Europe, primarily...Read More
Energon invites you to take part in a friendly and non-competitive short run (5 km) which will give you more opportunities to team-up with ITHIC participants and friends. Join us at 07:30 AM on October 20th (Day 2). This is a great opportunity to discover Villa Pamphili Park at a time when it is calm,...Read More
Real estate is constantly evolving and, undoubtedly, ESG is among the most important challenges facing the market, so the hotel industry cannot be exempted either. Hotel guests, investors, owners, employees and brands worldwide are increasingly showing interest in responsible environmental practices, sustainable tourism, social welfare, corporate governance and transparency. The growing expectations of customers and...Read More
Studio Moren is increasing its focus on Italy following its award-winning refurbishment of the Hotel Villa Pamphili Roma; the venue for this year’s ITHIC conference. The architecture and interior design studio is working on a second project in Rome, as the country evolves to embrace the global hotel brands. Studio Moren renovated and redesigned the...Read More
The increase in the cost of debt following the ECB’s interest rate hikes had a negative impact on property values, calling into question the ability of counterparties to respect financial covenants and, on some occasions, debt servicing. In this context, despite the fact that ample liquid assets remain in the hands of credit institutions and...Read More
In Italy, the hotel industry is undergoing a highly dynamic phase of great transformation. With only 21% of the stock of hotel rooms linked to a brand, today, Italy is among the European countries with the lowest brand penetration. Undoubtedly, this represents a great opportunity both for upgrading existing stock and for new developments or...Read More
Mangia’s and Hilton have inaugurated a partnership in Santa Teresa di Gallura destined to change the history of Italian hospitality. The commercial brand of Aeroviaggi will benefit from the expertise of the American group to enhance its own ‘upper upscale’ level of service and strengthen the international visibility of the chain, all while promoting the...Read More
The commercial real estate market in Italy is enduring a difficult period, with investment levels lower than the previous year. A similar situation has been observed throughout Europe, with all asset classes affected. Caused by a further increase in the cost of capital as a result of the ECB’s monetary policies to combat inflation, it...Read More