After the inauguration of the YellowSquare Milan, near Porta Romana and equipped with 98 beds in mixed dormitories and 29 private rooms, the Florence facility was recently inaugurated. The complex has more than 250 beds in dormitories (for 4 and 8 people) and 12 private rooms and over 5 thousand square meters of common areas....Read More

Covivio has just concluded an important asset & brand management operation with B&B Hotels for a portfolio of 31 hotels in France. The 31 hotels (2,565 rooms), already owned by Covivio and which were managed under Accor’s brands (Ibis, Novotel and Mercure) with variable rent leases. Now, Covivio and B&B Hotels have signed new fixed-rent...Read More

A new luxury hotel in the center of Florence is coming. The hotel will be developed in Calimala Street. The 5-star property will have 45 keys, a Michelin-starred restaurant, a bistro a spa with sauna, hammam, massage rooms and swimming pool. The hotel will be called “La Gemma”, and will occupy part of the building...Read More

As anticipated by Tony Capuano, CEO of Marriott, in a recent interview released to the Italian business newspaper Sole24Ore, the group would have in pipeline the opening of a new structure, under the brand “W”, in Italy. The new opening is set to open Florence by 2023. The new Florentine building will have 120 rooms,...Read More

Pygmalion Capital Advisors, a London-based investment firm, has acquired a portfolio of two hotels in Florence. The value of the transaction has not yet been revealed. The portfolio consists of 333 rooms in total and includes the 212-key Hilton Florence Metropole and the 121-key Hilton Garden Inn Florence Novoli. The two hotels, both of which...Read More