The high-tech lifestyle hotel brand Aethos has opened its third hotel in Italy. The private equity parent company Limestone Capital has acquired the CampZero luxury ecological resort in Champoluc in the Aosta Valley.
Tesla charging stations and a helicopter pad
The new Aethos Monterosa has 30 duplex suites with floor-to-ceiling windows and terraces. The complex also includes a bar, two restaurants, a large spa, an indoor climbing wall, an underground car park with Tesla charging stations and a helicopter landing pad. The Aethos Monterosa will be open for the winter season from 1 December.
“The Italian hotel property market… remains highly fragmented”
The new acquisition follows those of Aethos Saragano in Umbria and Aethos Milano, as well as four other projects in Southern Europe.
"The downward real estate valuations are now colliding with a strong recovery in luxury hospitality - underlines Benjamin Habbel, managing partner and co-founder of Limestone Capital -. We continue to see great untapped potential in the Italian hotel property market, which remains highly fragmented.”
Limestone develops high-yield lifestyle hotels
The acquisition is part of Limestone's strategy, engaged in medium-sized operations that are halfway between large global investment companies and local entrepreneurs. The enhancement of undervalued hotel properties, combined with a pragmatic approach to operations, allows Limestone to reposition assets in high-yield lifestyle hotels.
