Varde Partners, a global alternative investment firm, has announced the successful completion of its previously announced sale of a portfolio of eight luxury hotels operating under The Dedica Anthology brand to Covivio, a European real estate operator, through its subsidiary Covivio Hotels.
Hotel news in Italy
A devastating €36.7 billion looks set to be lost from the Italian economy due to the collapse of international travel during 2020, according to latest research conducted by the World Travel & Tourism Council (WTTC).
NH Hotel Group chooses Rome for the launch of its upper-upscale brand, NH collection, with a new hotel
The new NH Collection Palazzo Cinquecento is the 53rd hotel of NH Hotel Group in Italy and the tenth NH Collection in this country. Close to the main tourist and cultural destinations in the city, this hotel offers 177 rooms, a 600 square meter terrace, facilities for meetings and events and a complete gastronomic offer.
InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced the signing of its first InterContinental hotel in Venice - InterContinental Venice – Palazzo Nani. The hotel will operate under a franchise agreement.