The Bauer in Venice, which has been taken over by Mohari and Omnam, will be a Rosewood hotel.
A Cypriot and an Israeli group
Following the collapse of the Austrian colossus Signa at the end of 2023, the rumours that Mohari Hospitality was in the front row for the acquisition of the trophy asset on the lagoon has been officially confirmed The Cypriot company specializing in luxury real estate investments has been awarded the hotel in partnership with the Israeli group Omnam Investment, for some €300 million.
Some €150 million is to go on the restlying
Once the restyling is completed for a further commitment of €150 million, the property will be branded Rosewood Hotels & Resorts. Mohari and Omnam were assisted in the acquisition by Kryalos sgr, Dla Piper, Deloitte, Eastdil Secured, Cbre and Cushman & Wakefield.
Mohari Hospitality has many luxury properties
Mohari Hospitality's investments include a selection of luxury properties operating under various brands, including the Four Seasons Madrid and the Peninsula Papagayo, as well as the future Baccarat Florence Villa Camerata, l’Hotel Toronto and the Ritz-Carlton Yacht Collection. In addition, the company owns the Tao Hospitality Group, which specializes in catering, nightlife and entertainment.
