On 1 April Davide Bertilaccio will take over as the new CEO of the Villa d'Este Hotels Group, the small independent hotel group that has the world renowned 5-star Grand Hotel Villa d'Este in Cernobbio as its flagship. Originally from Friuli-Venezia Giulia and with over 30 years of experience in…

Fabilia takes over the Marina Hotel Arizona in Bellaria-Igea Marina on the Adriatic coast Following the announcement a few days ago of the group's first spa hotel in Montegrotto, this is another new entry for the group into the beach resort segment. Subsidiary company Fabilia Jesolo signed the rental contract…

At the end of 2021 the Ab-Ar company, part of the Baltour Group, acquired the 62-room 4-star Sporting Hotel in Teramo. On an auction base of €1.4 million the Teramo-based company offered €3 million, adding the new property to the Gambrinus Residence in Giulianova, which has long been managed by…

Costa Cruises is the official cruise line for the 2023 Ryder Cup. The world’s most famous golf competition, in Italy for the first time in 2023, will roll out at the Marco Simone Golf & Country Club, which is in Guidonia about 25 kilometres north-east of Rome, from 29 September…

Private British equity fund Icon Infrastructure is investing in Sestriere. But will be become Italy’s Aspen? The project, which aims at replicating what has already been successfully done in winter destinations such as Vail or Aspen in Colorado, as well as in Calgary in Canada, will feature Sestriere’s ski facilities,…

Castello sgr continues its commitment to the world of hotel real estate. According to a report in Il Sole 24 Ore, the asset management company led by Giampiero Schiavo, and controlled since June 2020 by the U.S. group Oaktree Capital Management, will invest a further €400 million. This will go…