In the capital, the performance of 5-star hospitality is making a strong recovery in 2022 and is expected to consolidate in 2023. But the numerous luxury hotel developments, which will bring about 1,800 new rooms to the center over the next 4 years, could be too many for the capacity historical growth of the destination,...Read More
ISTAT recently published the report «Viaggi e Vacanze in Italia e all’estero», which highlights the results on incoming and outgoing tourism. In 2022, tourism by residents is clearly recovering. Trips with overnight stays were 54.8 million (+31.6% YoY), however they are still 23% lower than in 2019. Overnight stays or overnight stays exceed 2021 by...Read More
The German group DSR Hotel Holding has taken over 75% of the domestic chain Mira Hotels & Resorts, founded by Daniela Righi and Alessandro Vadagnini. The objective of the deal for DSR Hotel Holding is clearly the expansion in Italy and the growth of the brands A-Rosa, Aja and Henri, as well as brands of...Read More
Bob W, Finnish rental industry group in the short term, it will open during this second quarter the second structure in Italy, in the center of Milan. The Group had landed in Italy in 2022 with the opening of Bob W Florence Old Bridge. The facility opening in Milan will be located between the Ticinese...Read More
More than 56 million presences are expected for the outdoor segment for the summer of 2023 (meaning the months of June to September), with growth stabilising compared to 2022 (+2%) and a recovery of the normal demand trend compared to 2019 (+1%). 2023 is expected to be one of the best summers in the last...Read More
According to a recent analysis by Thrends’ Hoteltransactions.it platform, fewer hotel transactions were recorded in the first quarter of this year than in the first quarter of 2022. As for sales, transactions in this first quarter in the year there were in fact 11, for a volume of Euro 116.1 million, against 31 transactions recorded...Read More
According to a recent update of the Luxury Hotels Database of THRENDS, the 5 star hotels in pipeline in Italy in the coming years (2023 – 2027) has exceeded 100. To be exact, 117 new 5* hotels are in the pipeline construction, rebranding or upgrade, for a total of over 9,400 keys. Currently operational 5-star...Read More
As part of the progress of the project development of a new 5-star hotel financed by Sixth Street (current owner of the Hotel Le Palme), was recently demolished Bagaglino Theater in Liscia di Vacca (SS) which was the largest theater on Costa Smeralda with 504 places. The hotel, developed in collaboration with the financial consultancy...Read More
Marriott’s iconic brand lands in our country through a major conversion of the former Hotel Grande Bretagne in Bellagio. Ritz-Carlton, Marriott’s luxury brand, has announced its debut in our country with the conversion of the former Hotel Grande Bretagne in Bellagio. The hotel will have 59 rooms and 46 suites, including two luxurious Ritz-Carlton suites,...Read More
Every year, THRENDS works together with hotel brands and investors to compile in a report the development activity of hotel chains in Italy. Acknowledged as the most authoritative source on the growth of the hotel industry, The Chains Monitor Italy Q3+Q4 2022 is recommended for those interested in the region. This year they partnered with...Read More
