HNH Hospitality's turnover for the 2021-22 financial year was €71.4 million, with a 5% profit, nearly double the €34.8 million of the previous year. 

HNH has the largest number of managed properties in Veneto

“In 2022 we consolidated the strong rebound of 2021, but with continuity in sales that covered almost every month, and which made it possible to achieve and largely exceed the growth objectives,” says HNH’s managing director Luca Boccato. City hotels performed well, going from 31% in 2021 to 47% in 2022, while corporate and MICE hotels were stable going from 27 % to 28% and resorts dropped from 42% to 25%. The highest revenues, of €41 million, were posted by the hotels in the Veneto region, where HNH also has the largest number of managed properties.

“Our 2023 revenue forecasts are €98 million”

HNH’s position was further strengthened with the 2022 opening of the Almar Giardino di Costanza Resort & Spa, and the reopening of the Venice Mestre – The Quid at the end of its rebranding process. “Our 2023 revenue forecasts are €98 million, well above pre-pandemic levels, with an occupancy rate of 70%.”

The Cyrano, a 4-star hotel with 42 rooms in Saronno in Lombardy, is a new entry for the Italian group Easy Hotel. 

There is interest in Italian secondary locations

“Reviving an inactive hotel on the outskirts of Milan was a challenge for us, – says Emilia Siani, general manager of Easy Hotel Group. - We have taken over a property with great potential". “We are happy to have completed this successful operation in just over a month, together with the Easy Hotel Group – adds Cristina Gentile, senior real estate consultant hospitality at WCG. - This deal confirms the interest in Italian secondary locations, both by investors and by Italian and international hotel chains. The choice of smaller towns that are well connected to primary cities is advantageous for budgetary results thanks to the lower rents."

Easy Hotel Group will open a hotel on Pantelleria in May 

Easy Hotel Group currently has six hotels and two restaurants in its portfolio. These are in Rimini, Milan, Verona and Saronno, for a total of 370 keys and 26 apartments. The company plans to open another property in May,  the 4-star Hotel Kirani on the island of Pantelleria.

Baia Silvella Group, owner of the Baia Camping Village, has issued a second, €10 million bond. 

Investing in improvements and water parks

The €10 million issue is to fund the company's investment programme (about 35 million from 2023 to 2026). The six-year bond is completely unsecured and will allow the group to improve and  modernize its managed accommodation facilities, adding further facilities and water parks. 

The Baia Silvella Group, headquartered in Sal in the province of Brescia, will close the 2022 fiscal year with consolidated revenues exceeding €50 million (+30% over 2021) and gross operating margins of some €22 million, more than doubling the previous year. 

Eleven camping villages around Italy

The group currently manages 11 camping villages in Sardinia, Veneto, Rome, Lake Garda, Trieste, Puglia, and Croatia.

“We are planning to further improve the quality of our services,-  says group manging director Valerio Vezzola. - We believe that the numerous improvements we will make, as well as the exclusivity of our locations, will give us a significant competitive advantage. We are satisfied with the 2022 results and are certain that the choices we are making are the right ones.”

 

Mangia's Torre del Barone has reopened on 7 April after renovations for €15 million and a repositioning as a 5-star property.

Agrigento, Sciacca and Palermo are all within easy reach  

Located on the south-western coast of the island, Mangia's Torre del Barone on five floors has 231 rooms with private terraces and sea views. There are also two swimming pools, sports facilities and kids’ clubs, a spa and restaurants. “Our priority has always been our customers, and making sure they have a perfect experience,” says Marcello Mangia, CEO and president Aeroviaggi Group.

“Torre del Barone has been renovated to 5-star standards and is the ideal destination for guests who wish to explore the largest island in the Mediterranean, with many historical, cultural, and geographical areas of interest like Agrigento, Sciacca and Palermo within easy reach”.

 

The Brucoli Resort in Sicily enters the Marriott Autograph Collection

The summer will also see Mangia's Santa Teresa Resort in Sardinia and Mangia's Brucoli Resort in Sicily reopen, each with five stars and managed by international soft brands. Rumours has it it that Santa Teresa Resort in Sardinia will be a Hilton brand while the Brucoli resort is entering the Marriott Autograph Collection. 

Dimensione Sicilia’s says the growing demand for its Sicilian Secrets tour is moving towards a record high.

Dimensione Sicilia’s 2023 season ends on 11 November

“The 2023 edition of Sicilian Secrets, our regular departure tour, has just begun and it is already shaping up to be a record-breaking season,” says Julian Zappalà, general manager of Dimensione Sicilia. The operator has nine classic Sicily itineraries with varying durations and combinations, as well as travel extensions to the Aeolian and Egadi Islands, Malta, and other destinations in Southern Italy. With over 250 departures a year, on Saturdays from Catania and Tuesdays from Palermo, this year the season extends to nine months, ending on 11 November. 

Visits to wine cellars, and a gulet cruise with chefs on board

Some dates are already sold out, and the popularity among Italian and international customers remains high, adds Zappalà:

“We have 4-star hotels in the historic centre, and visits to Sicily’s main towns, to a UNESCO heritage site and with an escort guide for the duration of the tour. There is an exclusive visit to the historic Florio cellars in Marsala, and to the famous Sabad chocolate shop in Modica, as well as tastings of typical products and much more. Another flagship product is the Gulet cruise to the Aeolian Islands with individual departures in cabin charter. This is available from 3 June to 23 September, and is an extraordinary travel experience with nights at anchor, chefs on board, and plenty of space to enjoy a relaxing and fun holiday.”

 

The Glamore Milano Duomo is a new 5-star protagonist of luxury hospitality on the Piazza Duomo square in the heart of Milan.

Two new luxury hotels in Milan

Having invested in entertainment and high-end food and beverage, the Glamore Group now intends establishing itself as a leader in luxury hospitality. Starting with the 5-star The Glamore Milano Duomo, due to open in April in a historic building overlooking the north side of the Piazza Duomo square. The same group will also manage the new Plein Hotel Milano, designed by German designer Philipp Plein, which was due to open in the former Spazio Krizia in mid-2022 but has now been pushed back to this spring.

Glamore Duomo Milan

Opening with 15 rooms and suites but aiming for 33 by 2024

The Glamore Duomo will initially have 15 rooms and suites, most with private balconies and views of the square and the cathedral, but the keys are due to reach 33 rooms and suites by spring 2024. Terrazza Duomo 21 is a club with a terrace overlooking the square, and also serve as a breakfast room. The Duomo 21 Restaurant, which will have a view into the Galleria thanks to large floor-to-ceiling windows, will be helmed by starred chef Roberto Conti. The brothers Remo and Mario Capitaneo's Verso Restaurant on the second floor will have an open kitchen and three chef's tables. Glamore Group has also acquired some upper floors to complete the vertical development of entertainment and catering spaces.

“We could not have imagined a more exclusive location than Piazza Duomo”

“We have been looking for new opportunities to expand and enter the hospitality sector, as a natural progression from the worlds of entertainment and food and beverage, - says Federico Crotti, Glamore Group's hospitality director. -Milan has always been one of our favourite destinations. We could not have imagined a more suitable or exclusive location than Piazza Duomo for our first hotel.”

The German Precise Hotels Group is to open its 2nd Italian hotel, the Precise Tale Poggio alla Sala Resort in Montepulciano, in May. 

Part of the Precise Tale Collection

The property, acquired by Precise Hotels in July 2021 for €6.5 million, will become part of the German group's Precise Tale collection, says consultancy firm Thrends. The hotel was built on the remains of a former 18th century estate and consists of five buildings on more than 34,000 sqm.

Precise Tale Poggio Alla Sala will have 91 keys, an indoor and three outdoor pools 

The Capex investment, for the repositioning of what will be the Precise Tale Poggio Alla Sala and its expansion from 51 to 91 rooms (including 19 suites), is thought to be around €6.6 million. The resort will also have a spa with a heated indoor pool and sauna, as well as three outdoor pools, a fitness room, a restaurant and a bar.

The Precise Hotels Group has 18 hotels and resorts

Precise Hotels currently has a portfolio of 18 owned hotels and resorts in Germany, Switzerland, Spain and Italy. The group made its Italian debut in December last year with the Precise House Montaperti Siena: a 95-room four-star hotel in Asciano.

A beauty tax, and quite a large one, was the provocation launched by Elisabetta Fabri at the first Pambianco hospitality forum. A tax, as a contribution to culture, to be paid by tourists arriving in Italy, to protect Italy’s natural heritage. Of course, you would then have to understand and monitor how these funds would be used, added the president and CEO of Starhotels, "but our country is a high-end product, unfortunately located on morphologically fragile terrain. And as such it absolutely cannot sustain excessive flows of overtourism for long."

Ideally for Elisabetta Fabri, we should focus not so much on the numbers as on the value that tourists bring.

“It’s not just a question of turnover, and of course I’m not suggesting we exclude travellers on small budgets. But we can certainly steer tourist flows away from peak periods. Otherwise we risk losing our identity, that characteristic lifestyle that makes Italy a dream destination, and more appealing than any form of ostentatious luxury.”

 

Who would have thought just four years ago, that talking again about overtourism would be almost a relief after the three terrible pandemic years. Of course I don’t want to underestimate the issue that, for a morphologically fragile country such as ours as Elisabetta Fabri rightly points out, remains a serious problem that urgently needs addressing. But I wonder why, when it comes to tackling complicated issues, the answer is always to make people fork out more money for taxes and levies? With a little creativity, perhaps, and I stress perhaps, there could be other ways. I don't have the answer of course, but with a little effort perhaps we could try to find it. To the benefit of all, hoteliers included.

Trentino Hotel Piaz, a new real estate transaction for Garibaldi Hotels, is a €1.5 million investment, to which a further million will be added for renovations.

Garibaldi Hotels has ten properties in Italy

The Garibaldi Hotels group has acquired the Piaz di Pera di Fassa in Trentino, a hotel already under management by the Apulian company, founded in 2013 by the current general manager and managing director, Fabrizio Prete and Egidio Ventimiglia. Today, the company manages a portfolio of ten properties in Puglia, Sicily, Sardinia, Umbria, Lazio and Trentino.

The goal for 2023 is a turnover of €15 million

"In 2018, with the birth of our real estate business unit, we charted the course to be followed based on sustainable choices and investments,- says Prete. - A project that led us, in just a few years, to take over two of our historical hotels in Trentino.”

The financial partner of the real estate operation was Unicredit. In 2022 Garibaldi Hotels achieved pre-pandemic results with a turnover of €10.5 million. Last October the company also acquired a property in Ostuni, where it moved its new headquarters. The goal for 2023 is to reach a turnover of €15 million.