Düsseldorf-Based Hospitality Powerhouse Bolsters Presence in the Luxury Hotel Sector In a strategic move that signifies growth and expansion, the Lindner Hotel Group (LHG), headquartered in Düsseldorf, has recently announced the acquisition of management rights for five distinguished hotels, encompassing over 1,000 rooms from the 12.18 Group. This merger is a pivotal step in LHG’s...Read More
In the 30 years leading up to 2020, demand for Italy grew at a pace of about +2.8% (hotel arrivals, compound annual growth rate), with foreign arrivals even increasing at a CAGR of +3.2%. Before the total shutdown of travel, Italy’s tourism demand was strong (281 million overnight stays in 2019), with the international market...Read More
According to recent research conducted by JLL, European investment volumes in 2024 are expected to grow by 15 to 25% compared to 2023. The latest Global Hotel Investment Outlook by JLL Hotels & Hospitality Group found that urban markets are among the most attractive for hotel investments: indeed, 84% of hotel investors surveyed for the...Read More
According to a recent analysis by the Hoteltransactions.it platform by THRENDS, in the first half of this year, there were fewer hotel transactions both in terms of number and volume compared to the first half of 2022. Specifically, there were 62 transactions compared to 103, with a volume of approximately €539.2 million* versus approximately €1.3...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
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