The boss of Diesel Renzo Rosso is planning a 40-room all-suite hotel in Cortina, the town in the Dolomites that will host the Olympics in 2026.
Rosso acquired the Ancora Hotel for near to €20 million
Among the many investors interested in the Cortina resort is Renzo Rosso, who has already signed an agreement with the San Domenico Hotels group to manage the Pelican in Miami. Through his real estate company Red Circle, the Diesel boss acquired the Ancora hotel two years ago for almost €20 million. Now, says Pambianco Hotellerie, he is thinking of a renovation that will cost more than the value of the deal.
Reducing the number of rooms to create an all-suite property
The Ancora Hotel, a historic Cortina property established in 1826, originally had 50 rooms but the idea is to reduce them to 40 in order to increase the square footage and create an all-suite hotel with rooms measuring between 55 and 110 sqm. The hotel is scheduled to reopen in 2024 and the agreement for its management is presently being finalized. Architect Vicky Charles, well known for her Soho House projects around the globe, has been appointed to lead the restyling.