Bob W and Osborne+Co Investment Management have recently launched a £120 million fund to acquire properties for conversion into serviced apartments. The joint venture aims to acquire and convert 20-25 buildings, currently used as hotels and offices, into 1,500-2,000 short-term serviced apartments. This value-add fund...Read More
ISTAT has recently published data on tourist arrivals recorded in May of this year. After an April that saw a -8.5% YoY decrease in arrivavls, the hotel and non-hotel sectors recorded 38.6 million overnight stays in May (+18% YoY and +24% compared to 2019), marking...Read More
The Italian State Property Agency has recently announced the opening of a bidding process for the concession of 18 state-owned historic buildings, including towers, lighthouses, and historic villas, with the aim of revitalizing them through sustainable tourism, hospitality, and culture. This initiative is part of...Read More
Be Mate, a brand previously part of the Spanish chain Room Mate, has recently opened 8 new apartment structures in Italy, located in Venice, Rome, and Turin. In Venice, the group has inaugurated Be Mate Ponte di Rialto, a building consisting of 12 apartments. In...Read More
The Rovati family, through their investment vehicle Fidim, a holding company operating in the high-end tourism sector, has joined the Barletta Group. The transaction involves a capital injection of 95 million euros, composed of cash and trophy assets, which will allow Fidim to hold a...Read More