The Palazzo Montemartini Hotel in Rome is to Join the Radisson Collection.
Date: April 2018
Location: Rome, Italy
Name: Palazzo Montemartini – joins the Radisson Collection as of June 2018 – five star
No. of Keys: 82
Owner: The hotel is owned by Ragosta Hotels, which has three other Italian hotels, two on the Amalfi coast and one in Taormina.
Buyer: Radisson Collection was launched in March, with 14 properties signed.
Built back in 1881, Palazzo Montemartini is now a prestigious hotel in the heart of Rome, situated near the Baths of Diocletian and the church of Santa Maria degli Angeli designed by Michelangelo.
Elie Younes, Executive Vice President & Chief Development Officer, said: “We couldn’t have asked for a more iconic destination than Rome to add a new Radisson Collection to the world.
Palazzo Montemartini is a perfect addition to our portfolio. It’s a modern icon that respects the brand promise of Radisson Collection through its authenticity, design and exceptional service.
“The philosophy of the newly launched Radisson Collection matches particularly well with the distinctive traits of Palazzo Montemartini, focused on providing a friendly luxury experience,” said Giuseppe Marchese, CEO of Ragosta Hotels Collection that owns Palazzo Montemartini.
“We are proud to join the Radisson Hotel Group and launch the first Radisson Collection in Italy.”
THPT Comment: So we guess this is a representation deal and that Ragosta still own and operate the hotel.
First Seen: Radisson website