Four-Star 110 Room Rome, with Heritage, For Sale

Location: On a Quiet Road, Next to Via Veneto, Rome, Italy

Name: TBA

Guide Price: €40m

No. of Keys: 110

The Opportunity: In today’s world it is hard to find large, grand-dame hotels that are still family run and owned. Hotels with a rating of four stars or more with in excess of one hundred rooms are normally owned by global enterprises. This is also true of Rome – but in Rome there are still exceptions, although you can only count them on the fingers of one hand.

One exception, one of these family-run, grand hotels in the city, dating back to it’s opening in 1899, is located directly next to the Aurelian Wall, a stone’s throw away from the Villa Borghese. Two minutes walk away to the south west you will find the cosmopolitan Via Veneto, familiar to us all from Fellini’s “La dolce vita”.

When you enter the foyer of this hotel, you will notice immediately that something is different – the walls. Throughout the foyer, the bar and restaurant, in all corridors and rooms, the walls of the entire hotel are covered by an impressive collection of paintings dating from the 17th, 18th and 19th centuries.

The manager of a hotel chain would never dream of making his premises a showcase for such works of art. This is not the case with the owner of the hotel and the grandson of it’s founder. He is an art connoisseur and collector and is very deeply connected with the Lazio landscape.

Guests are greeted discreetly with historical panoramic scenes of Rome and its environs. These relate stories, convey history, embed the viewer in the geographical context, and are ultimately part of the turbulent history of the hotel.

The owners are proud of their Italian cuisine which is continuously adapted to the seasons and to new trends. The emphasis is on Roman and Regional specialties. During the winter months our chef de cuisine welcomes guests downstairs in the Ristorante. In the warm summer season he and his staff move to Bar Ristorante & BBQ on the roof garden. Here on the 6th floor, guests will find the largest open air roof garden restaurant and bar lounge in Rome with spectacular views over the Pine trees of the Villa Borghese Park.

They are sitting surrounded by a huge collection of rare and beautiful plants such as: Yuccas, Gardenias, Ilex Oak, Jasmine, Camellias, Persimmon, Palms, Roses, Strelitzias and many more. Plants, Pine trees and the open sky – an appropriate setting to enjoy the legendary Cappuccino, classic Cocktails and the dinner of freshly barbequed dishes. The hotel has two small meeting rooms, to take 60-70 pax in each. SV

Main Picture: The Via Veneto where the hotel is located

Current Owners: Private family concern

Flag and Management: Free

Financials: 2019 numbers and details of recent refurbishment available post LOI/EOI. There is also details of scope to increase the capacity within the hotel.

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €40m

Guide Price per Key: €360,360

Date Posted: December 2020

THPT Comment: Fab opportunity to secure this heritage, grand-dame hotel in a fab location in Rome.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.