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Business

Sina Hotels’ Milan boutique hotel The Gray has won a tender for a municipal building. The property overlooks the Vittorio Emanuele II gallery In Via San Raffaele, a stone's throw from the Duomo the building, owned by the municipality of Milan located inside the Ciro Fontana gallery, overlooks the Vittorio…
The Ginobbi Group management company, already at the helm of the 5-star Palazzo Ripetta in Rome, is now to manage private villas. Private residences in Positano Through an exclusive partnership with Torre Sponda, a collection of five private residences in Positano, the Ginobbi Group is entering the business of managing…
Invel is investing in the hybrid hospitality operator YellowSquare and focusing on expansion in Southern Europe. Aiming to develop 5,000 beds under management With the aim of investing €200 million to acquire, develop and operate new facilities in Italy and in the main cities of Southern Europe, for a total…
Is the private equity fund Blackstone ready to sell HIP? Reportedly ready to sell Spain’s Hotel Investment Partners The US private equity fund giant Blackstone is reportedly preparing to sell Spain's Hotel Investment Partners for an estimated €6.5 billion, according to Reuters quoting the Iberian newspaper Cinco Dias. The company…
The Hotel Castel Badia is the second mountain property for the Egnazia Ospitalità Italiana group led by the Melpignano family. A five-star with 29 rooms, a spa and a restaurant It follows the acquisition of the management of the Hotel de Len in Cortina d'Ampezzo, with the Castel Sonnenburg in…
For now it is only a rumour, but the Mandarin Oriental brand may soon be added to Lake Maggiore in the Italian lake region. The 5-star should have 90 rooms Following the former Casta Diva on Lake Como, the group would seem in fact be about to also land on…
De Montel, Italy's largest urban spa complex will open in early 2025. The spa will have ten thermal pools The complex will be the redevelopment of the former De Montel stables in San Siro in Milan, on an area of over 16,000 sqm, of which 6,000 indoors and 10,000 in…
The Arsenale Group has opened the Villa Diodoro Hotel in Taormina. The new hotel has 102 rooms The Arsenale Group is the leading company in the Treno della Dolce Vita - Orient Express project, and it has just acquired the Villa Diodoro Hotel in Taormina, for around €40 million. The…
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