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HVS Europe Hotel Transactions Bulletin Week Ending 24 February 2023

March 1, 2023

Category:

Fondo Italiano and Eulero Capital acquire stake in HNH Hospitality from Siparex

Fund manager Fondo Italiano d’Investimento and investment manager Eurelo Capital, through the Fondo Italiano Consolidamento e Crescita (FICC), have taken over an equity stake in Italian operator HNH Hospitality for an undisclosed amount from Siparex, which invested in the company in 2017. The new stakeholders will work alongside and support the majority shareholder of HNH Hospitality, the Boccato family, led by CEO Luca Boccato. HNH Hospitality currently operates 16 hotels and resorts, 13 of which are located in major Italian cities such as Rome, Bologna, Venice and Milan, under brands such as Almar (HNH’s own brand), voco, Crowne Plaza, Hotel Indigo, Best Western, and DoubleTree by Hilton.

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