The Condotti Group Hotel proposes its four hospitality properties as the shopping hotels of the capital city. They are located in the main shopping streets of Rome.
Katara Hospitality, the Hotel Group under the Qatari Sovereign Fund, is about to acquire a stake in the company owning five branded Intercontinental properties located in Europe. The assets are located in Rome, Madrid, Amsterdam, Cannes, Frankfurt.
According to a press release from Millennium & Copthorne Hotels plc , the Group entered in a agreement to purchase the first hotel in Italy. The deal with the Italian Boscolo Hotel S.p.a. foresees the sale of Boscolo Palace Rome, a five star 87 roomed hotel located in the famous Via Veneto Rd. The price communicated is €65.5M and the transaction will be completed in the second quarter of the year.
After Milan and Florence and a 30-year search, Four Seasons arrives in the Parioli district of Rome. This is the third Italian hotel of the chain. In fact, works are beginning to transform the former Istituto Poligrafico of Piazza Verdi into the new hotel. Besides the hotel that has 200 rooms, the palace in which the Royal Mint was housed will also have 200 luxury apartments that are destined for sale. 50 of these will have the Four Seasons brand and services.
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