Starhotels Acquires Royal Demeure Group’s Portfolio of Four Italian Luxury Hotels from TDA Capital Group
Starhotels, the leading independent Italian hotel group with an international footprint, announces the agreement with TDA Capital Group for the acquisition and management of the hotel properties of the Royal Demeure Group.
The acquisition comprises the following 5 star hotels, the Hotel d’Inghilterra near Rome’s Spanish Steps, the Hotel Helvetia & Bristol in Florence’s historical center, the magnificent Grand Hotel Continental in the heart of Siena and the luxurious Resort Hotel Villa Michelangelo in Vicenza, near Venice.
The agreement involves two of the most important hotel groups in Italy and is aimed to create the first high quality aggregation model in hospitality, adding value to Starhotels entrepreneurial project and relaunching the exclusive properties as part of the acquisition.