TCI is strengthening its exposure to Italian hospitality through $636 million in financing for four luxury hotels. The investments involve the Danieli and Caesar Augustus, both future Four Seasons properties, the Six Senses Lake Como and the Mandarin Oriental Milan. The portfolio belongs to Gruppo Statuto, while London-based hedge fund The Children’s Investment (TCI), led...Read More

Rosewood Venice stopped the development in Hotel Palazzo Donà, whose repositioning and rebranding project was overseen by Arsenale SpA. Instead, the asset will be branded Orient Express by Accor. After the first pipeline in Rome, the Grand Hotel De La Minerve, the brand lands in the Lagoon for the second opening in Italy, scheduled for...Read More