Accor Essendi transaction marks a major shift in the company’s asset-light strategy, and it signals a broader restructuring of its hotel portfolio. Moreover, Accor Essendi transaction highlights the group’s decision to exit its remaining stake in the PropCo created in 2017. As a result, the move strengthens Accor’s focus on franchising and long-term brand partnerships....Read More

Blackstone recently launched the global real estate fund Blackstone Real Estate Partners X. With an endowment of 30 billion dollars, already in cash, it is the largest ever created by the American manager. James Seppala, Blackstone’s Real Estate Europe manager, interviewed by Monitor immobiliare stated that the next 3/5 years will be a truly unique...Read More

Some more details on the Aeroviaggi – Blackstone joint venture. First of all, the name of the startup: “Insulae”. The Italian group was previously awarded the six structures of the Mangia’s brand included in the partnership: the Cala Blu and the Marmorata of Santa Teresa Gallura and the Agrustos of Budoni, in Sardinia, as well...Read More

According to the 2021 preliminary results, the Aeroviaggi Group, owner of the Mangia’s brand, closed the 2021 financial year with revenues of 58 million euros, the double if compared to the 2020 financial year. In 2021, the hotel chain registed a total of 626,000 Italian and international overnight stays, recording full occupancy in the Group’s...Read More