Nova Re SIIQ SpA completes the acquisition of the Hotel SHG Verona

Nova Re SIIQ S.p.A. follows what was communicated to the market on the dates of 6 and 27 December 2018 and 11 January us, and announces that the Company has completed the acquisition of the hotel property called SHG Verona at the total price of Euro 7,500,000, 00.

The Canopy by Hilton brand lands in Italy

Hilton will introduce its luxury lifestyle brand, Canopy by Hilton, to Italy with the arrival of a new hotel in Venice. The news follows a management agreement between Hilton and Marseglia Group, owners of the Hilton Molino Stucky Venice. Canopy by Hilton Venice City Center will become part of over 30 commercial or developing Hilton […]

The American REIT Oaktree acquires the hotel portfolio of Castello SGR

The hotel portfolio owned by Castello SGR pA was acquired, consisting of 15 hotel properties which have approximately 1,600 rooms, located in Italian business and leisure destinations. The total value of the transaction is around 300 million Euros. The portfolio includes the Grottagiusti, Fonteverde, Chia Laguna, Le Massif hotels, mainly in prestigious tourist locations. The […]

The B&B Hotels Group lands in Palermo with the Grande Albergo Sole

The B&B Hotels hotel group has opened its 37th hotel in Italy, continuing its expansion strategy in the country. The old Sole hotel, located near the historic center, at the Quattro Canti, owned by the Palermo-based company Angala Hotels and subject to a long closure, will be the subject of repositioning and new management by […]

Leonardo Hotels acquires a new hotel in Rome: Venetia Palace Hotel

The Israeli hotel group Fattal, through its Leonardo Hotels brand, continues to develop in Italy. After Milan, in which the group is present with the Hotel Leonardo (ex Hotel Hermitage) and the Hotel Nyx, the company develops in Rome and plans to open a further unit in Venice Mestre. the Venetia Palace Hotel, in Rome, […]

Mandarin Oriental hotel group opens on Lake Como

The Mandarin Oriental Hotel Group brand has completed its mission to redevelop and open the resort formerly known as Casta Diva, with a redevelopment of the luxury hotel product and a rebranding. Currently the hotel, recently reopened, offers a total of 76 rooms and suites, different high quality F&B restaurants and outlets, a 1,300 square […]

Best Western acquires the World Hotels brand

Best Western® Hotels & Resorts announced this week that it has acquired the WorldHotels ™ global hotel brand which represents a collection of approximately 300 unique and special hotels and resorts in prestigious destinations around the world. “There is a tremendous synergy between Best Western and WorldHotels. By joining forces in this new partnership, we […]