Italy: Owner as well as developer Molo Hotel Group has acquired the Resort Alexandra in Rome, noting the very first purchase in continental Europe for the group.
Lighthouse Hotel Management will certainly run Hotel Alexandra, as well as strategies are underway for a significant refurbishment and repositioning of the home.
The acquisition follows last year’s acquisition of the Manchebo Beach Resort and also Spa in Aruba. Molo has an extra 3 hotels incomplete which are set up to open up in springtime 2023..
Ross Morrow, handling supervisor of Molo Hotel Group, said: “We are delighted to finalise the acquisition of the Hotel Alexandra; it’s a beautiful structure in historic environments. We are delighted by the plans to recondition the home and to expand the Hotel Alexandra’s renowned history.”.
Stephen Bench, handling supervisor of Lighthouse Hotel Management, said: “The Hotel Alexandra marks an important landmark for Lighthouse. Our initial hotel in landmass Europe brings many chances and also we can not wait to develop a first-class resort experience on Via Veneto.”.
Other properties in Molo’s profile consist of The Reach at Piccadilly, a Tribute Portfolio Hotel (Manchester), Hotel Indigo Liverpool Ropewalks, and a number of Holiday Inn and Courtyard properties throughout the UK.
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