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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 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…
What was previously the Club Med Cristallo will now be the Valtur Cervinia Ski Resort & Spa, with a soft opening planned for next summer. This is a significant step for the Valtur brand, which thus makes its foray into the mountain market with a truly prestigious acquisition. A €20-million…
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…
Just 20 minutes from Bolzano, in Italy’s South Tyrol, following the road that climbs towards the peaks of the Dolomites, you find yourself in a winter wonderland in the ski resorts of Obereggen and Carezza. This resort area is a firm favourite with families, as children not yet turned eight…
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…
This is the most talk-about news of Gardaland's 2022 season: a new and exciting dark ride for adventure lovers right in the heart of the park. Work continues unhindered on the construction site of Jumanji The Adventure, the world's first attraction based on the popular Sony Pictures film franchise. Five…
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