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Business

Minor Hotels takes aim at Portopiccolo's tourism business management, in the port complex near Trieste. The Minor Hotels interest is based on rumours It could be the Minor Hotels group (we still don't know which brand) to take over the management of the tourist activities of the Portopiccolo complex, in…
HNH Hospitality's turnover for the 2021-22 financial year was €71.4 million, with a 5% profit, nearly double the €34.8 million of the previous year. HNH has the largest number of managed properties in Veneto “In 2022 we consolidated the strong rebound of 2021, but with continuity in sales that covered…
Baia Silvella Group, owner of the Baia Camping Village, has issued a second, €10 million bond. Investing in improvements and water parks The €10 million issue is to fund the company's investment programme (about 35 million from 2023 to 2026). The six-year bond is completely unsecured and will allow the…
Travel Open Day Srl, the publisher of ItaliAbsolutely and Travel Quotidiano, brought together hoteliers and suppliers at TOD Hospitality, an innovative Travel Open Day workshop-market in Urbino in the Marches. Analyzing hospitality products and services Reactions were positive and close to unanimous for the success of the first edition of…
Inflation and the ECB's decision to raise interest rates at the end of 2022 have led investors to take a wait-and-see approach and, before launching new projects, they are monitoring the impact of rising capital costs on property pricing. Although Assoturismo-Cst reported over 400 million certified overnights in 2022 (+38%…
Shortly before the opening of the first Italian Six Senses, scheduled for Rome on 16 March, news has come in of a further Italian development project for the IHG brand. Banco Bpm and Gruppo Statuto have recently finalized a structured finance agreement for €495 million, with the support of Gwm…
Travel is back! And we will be present at the ITB Berlin from 7 to 9 March 2023, as a Media Partner of the world’s biggest and best travel show, with a special print edition of ItaliAbsolutely. Meeting the world’s top travel providers This year's ITB Berlin, which is travel…
CdsHotels posted a €49.5 million turnover in 2022, a 39% increase over 2021, but more importantly, a +66% increase over the pre-Covid 2019 year. “A significant contribution to the expansion of our turnover is undoubtedly due to the entry into our portfolio of the Sicilian CdsHotels Terrasini - Città del…
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Welcome to Canavese

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