Last October there was talk in the Italian media of a takeover of Villa San Giorgio, also known as Castello di Portofino, by the Cascade group, which controls Four Seasons. The Castello di Portofino sold for €66.4 million The operation was soon denied by the Bill Gates' company, but now…

The DuoMo hotel in Rimini, a futuristic 4-star located in the city centre has been acquired by the former director and president of Condor, Leonardo Patacconi. The property was acquired by Patacconi at the third auction The hotel opened in 2006, and was subsequently involved, from 2020, in a series…

The Blu Hotels Group closed 2023 with a record €80 million turnover, €10 million increase over the previous year. Higher revpar and occupancy levels The company's gross operating margins (EBITDA) also performed well closing at €11 million. This success can be attributed to the average revenues per available room (total…

Leonardo Hotels’ Nyx brand is to open in Rome in the former Hotel Cicerone. The hotel is in Rome’s Prati district The Leonardo Hotels group has acquired the Cicerone Roma Hotel from Banco Bpm and, according to some insiders, the deal is expected to exceed €70 million. The property, located…

The boutique Hotel Torre di Cala Piccola, 15 minutes from Porto Santo Stefano, has reopened under the management of the Erqole team. The Swedish Group owns other hotels in Tuscany The property has 53 rooms and suites, most of which have sea views, a restaurant and a bistro with an…

The 2022-2023 fiscal year of Hnh Hospitality concluded on 31 October with record revenues and a 15% profits and margins growth. Heightened demand notably from the United States The unprecedented figures topped the £100 million revenue mark for the first time. Direct management saw a notable surge, reaching £105.7 million,…

Two new openings in Italy for the Radisson group in Rome and Sardinia. The Roma Antica is the Radisson Collections’ second Roman property In Rome, the Radisson Collection Roma Antica has just opened. The 5-star 84-room hotel created from the conversion of Palazzo Lares Permarini is in Via delle Botteghe…