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Lindner Hotel in Berlin, part of Lindner Hotel Group's expansion.
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...
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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...
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Hyatt has recently announced its expansion plans: the pipeline includes the opening of 75 hotel properties in the EMEA region, adding to the existing 206, for a current total of approximately 46,200 keys. The development strategy is also focused on Europe, targeting countries such as Spain, France, and Italy. Embracing an asset-light strategy more and...
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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...
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The Berlin-based hostel chain A&O Hotels & Hostels plans to invest approximately 500 million Euros in the group’s expansion, converting existing properties used as offices and shops into accommodations. Founder and CEO Oliver Winter has shown flexibility towards real estate contracts, stating, “Whether it’s leasing or ownership, new construction or conversion, our real estate expansion...
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The investment company HIG Capital has announced that several of its affiliates have pooled their assets to create Ella Hotels & Resorts, a brand that will encompass 13 hotels totaling 4,500 keys. Ella Hotels & Resorts will thus be a hotel group managing a collection of luxury and sustainable lifestyle resorts throughout Southern Europe, primarily...
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Adjacent to Milano City Village, a recently developed area, lay the old Ex-Plasmon factory, which has been leveled and reclaimed for over a year now. There are plans to develop a “Mixed Use” real estate complex in this location. Last year, AbitareIn, the owner of the area, sold the development project at via Giovanni Cadolini...
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Pellicano Hotels and Aermont Capital, an independent asset management group focused on real estate and related investments in Europe, have entered into a partnership agreement to support the growth of the hotel group, particularly in Italy. The goal is to enhance the brand’s potential in the luxury hospitality sector and to increase the number of...
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The historic Odeon cinema in Milan is closing for its transformation into an experience center by 2024, with plans to retain some screening rooms and introduce retail, dining, and office spaces. Another example is the reopened former Maestoso cinema in Milan, now focusing on sports activities. In Rome, the second location of the Accademia Costume...
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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...
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