Luxury hotels prosper in Italy

The luxury hotels business is currently a hot favourite among real estate investors in Italy. Only the last week the international hotel chain Four Seasons had various offers which reached came to as much as EUR 2.8 bn from Bill Gates, the Saudi prince Al Waleed Bin Tahal and the president of the hotels chain Isadore Sharp. For Al Waleed it was the second operation of this kind, after he acquired Fairmont for EUR 3.04 bn.

Would you like to read more? Log in first (top right of the screen) or take a trial.