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Hotel Acquisition
In March, Dolce & Gabbana, through its Dolce & Gabbana S.r.l. entity, completed the acquisition of the iconic Mocambo café-patisserie located in Taormina, Sicily. After undergoing extensive renovations and modernization, the establishment reopened as Mocambo Dolce&Gabbana in late July, blending the café’s historic charm with the luxury fashion house’s distinctive aesthetic. This acquisition marks the...
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Collective Hospitality, a Singapore-based company, has successfully acquired the majority of the business operations of Selina, a British hospitality brand known for its hotels, hostels, and co-working spaces. This acquisition comes in the wake of Selina’s bankruptcy, which was declared in July 2024, as reported by The Bulletin on July 24, 2024. The bankruptcy filing...
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Rome, September 4, 2024 – A historic icon of hospitality in Taormina has changed ownership. The Villa Diodoro Hotel, part of the Gais Hotel Group and owned by the Bambara-De Luca family, who have been hoteliers for four generations, has been acquired by the Barletta Group, a company led by CEO Paolo Barletta. With this...
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Fattal Hotels Italy, a subsidiary of the Fattal Hotel Group, recently announced its purchase of the 4-star, 292-key Hotel Cicerone Rome from Banco BPM for over 70 million Euros. The hotel was previously acquired in 2004 by the Coppola Group, led by Roman real estate developer Danilo Coppola. Following various legal proceedings, Coppola, now a...
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The Bauer Hotel, a landmark of luxury in Venice, has been acquired by King Street Capital Management, an American investment firm recognized for its strategic real estate portfolio. This acquisition from Signa, the Austrian real estate group, signifies an exciting development in the hospitality landscape of Venice. King Street Capital, alongside Starwood Capital Group, previously...
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