News - Hospitality

Antoitalia reaffirms its leading role in luxury real estate: sales agreement closed at 70millions for Grand Hotel Savoia and Residence Savoia Palace in Cortina, Italy

Antoitalia reaffirms its leading role in luxury real estate:  sales agreement closed at 70millions for Grand Hotel Savoia and Residence Savoia Palace in Cortina, Italy

CORTINA D’AMPEZZO – The luxurious hospitality complex made up of Grand Hotel Savoia and Residence Savoia Palace, four and five stars respectively, have been let through a brokerage mediation for the value of 70million ca. 130 rooms, 45 suite apartments, SPA, two restaurants, lounge bar and panoramic terrace located in city center via Roma, at the core of luxury and lifestyle, have been brokered by Antoitalia, which acted on behalf of the selling party. This operation confirms the positive trend of the luxury hospitality market. Antoitalia, under the guidance of the most recent unit in Cortina guided by Leonardo Tonello, strengthens its track record in the market of trophy assets for national and international investors.

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