April 24, 2025
Business
The growth of Numa Group (formerly Cosi Group) marches ahead. The German digital hospitality operator, specialized in short term rentals and design hotels, has just obtained a capital increase of $45 million, with Dn Capital Group as the new main investor. The company, which is present in Germany, Spain, Italy,…
With the demolition of the former Enel power plant in Porto Tolle, work gets underway for the new Porto Tolle Delta Farm eco-sustainable tourist village of the Florentine group, Human Company. The official announcement was made at a press conference organized by the governors of Porto Tolle at which it…
The Student Hotel and UniCredit have signed an agreement for new Rome and Florence properties
March 04, 2022
The Student Hotel and UniCredit have just signed an agreement in the context of the Social Impact Banking project launched by the Italian bank in 2017. Supported by a Sace green guarantee of €54 million, the new €145 million loan is aimed at the development of two new hotels in…
Davide Bertilaccio takes over as the new Ceo of the Italian Villa d'Este Hotels Group on 1 April
February 21, 2022
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…
Another new entry for the Fabilia group: the Hotel Arizona in Bellaria-Igea Marina on the Adriatic
February 16, 2022
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…
Lro Hospitality is ready to invest €1 billion in hotels, and is focussing on Italy
February 14, 2022
Lro Hospitality has earmarked € 1 billion, and is focussing Italy, to invest in the acquisition of hospitality assets in the main European destinations: France, Germany, Benelux, Spain and Italy. The new joint venture with London & Regional Properties (L+R), one of the most important British hotel owners, and the…
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…
Blackstone acquires the assets of Reale Compagnia Italiana, including Me Milan il Duca Hotel
February 08, 2022
Blackstone has acquired the entire capital of Reale Compagnia Italiana (and the Me Milan il Duca Hotel), a historic Milanese real estate company with over 300 shareholders and a real estate portfolio of 14 trophy office, commercial, residential and hotel assets mainly in Milan. Towards the end of last year…
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