Hotel Danieli Venezia remains in the hands of the Statuto Group: refinancing of 330 million
The refinancing to the Statute Group of the property of the hotel Danieli of Venice, one of the most prestigious in the world, puts an end to the rumors about a possible handover of the famous hotel, which press sources had given close to joining the Four Seasons chain (which also has Bill Gates among its partners).
Today, writes Ansa, the Italian group communicated “the refinancing of the property”. “Contrary to what has emerged from recent publications – continues the note – Hotel Danieli is confirmed as part of the Group’s portfolioThe refinancing of the property took place through the issue of a bond loan.
The financial transaction, which saw the involvement of two investors King Street and Starwood Capital Group – is also aimed at the future restructuring of Danieli, for which approximately euro 30 million is earmarked. Lastly, the Articles of Association specify that “the management contract with the Marriott Group – TheLuxury Collection – is fully operational and will continue regularly until its expiry”.
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