Cuneo is the new entry of Phi Hotels, the hotel company of the Xenia Hôtellerie Solution group, which was listed a few months ago on the Euronext Growth of the Milan Stock Exchange.
A rebranding to Phi Hotel Principe di Piemonte
The operation involved the acquisition of the hotel company Hotel Principe di Piemonte and concerns the property of the same name, which will be rebranded Phi Hotel Principe di Piemonte as of 1 April. This will bring to seven the number of hotels managed by the Xenia hotel group.
“This allows the Phi Hotels brand to increase its offer in Piedmont”
The new 4-star hotel is the reference property in the city of Cuneo, located in the central Piazza Galimberti, with 50 rooms and a consolidated Italian and international clientele. "To be present in Piedmont, in particular in the Cuneo area. was in the forecasts of our business plan - says managing director Xenia, Ercolino Ranieri. -Having acquired an excellent company such as the Principe di Piemonte, excellently run by the Maccario family, allows the Phi Hotels brand to increase its offer also in Piedmont.”
For a leisure and corporate clientele
"The new acquisition will allow us to present our hospitality model both to a leisure and corporate clientele," adds Phi Hotels development manager, Donato Sambuco. "The historical presence of the property in the city of Cuneo and the hotel’s staff will be an important starting point for us.”