MILAN, July 20 (Class Editori) – Costa Smeralda will be the next step of Rosewood European expansion. Quianto Capital Limited- property Investment Company of private equity- has selected the group from Hong Kong in order to manage the resort, which will be opened in 2022 in Porto Cervo. It is the first building from Rosewood in Sardinia. The hotel will be located 1.5 km (southbound) away from Porto Cervo city centre: 65 rooms, among which 26 suites with a panoramic sea view of Costa Smeralda and deluxe services in line with the desires of the most influential contemporary travellers.
“Rosewood Porto Cervo will show our ambition in building unique resorts with a sophisticated touch”, as Sonia Cheng- CEO of Rosewood- has explained, “We cannot wait to apply our philosophy to this luxury heaven in Sardinia”.
The group from Hong Kong is already present in Italy, in Venice, where it will open at Palazzo Donà Giovannelli, while since 2015 it has been managing the estate of Castiglion del Bosco in Tuscany, built in 2003 by Massimo Ferragamo. The project of a hotel in Piazza Verdi in Rome in a building belonging to Cassa Depositi e Prestiti has fallen through instead, but it has been restructured not as a luxury accommodation facility but as offices for the Enel’s headquarter.
Among the other properties, there are the ones located in New York, Dallas, Paris and Hong Kong. The hotel in Gallura has been described in a note as a “super luxury” structure; four catering areas with menus inspired by traditional local cuisine, a fitness centre and a wellness centre with customised services and therapies will be available for customers.
Between 2022 and 2023, Rosewood is planning other operations in the Old Continent, from London to Madrid, from Vienna to Edinburgh. The international law firm Gianni Origoni Grippo Cappelli &Partners has advised Quianto Capital with a team coordinated by Massimiliano Macaione, supported by the Senior associate Aldo Turella and the associate Chiara Mazzucca Mari.
The relationships between Sardinia and China have been strengthened after the stopover in Cagliari of the President of the People’s Republic of China, Xi Jinping, who, in 2016 had visited the Sardinian capital by promising “a large return of image in tourism terms”.
In July 2018, the Government Golden China Fund announced important investments in cruises and tourist infrastructures in Sardinia thanks to Only Italia mediation, the commercial platform of the former president of the Chamber, Irene Pivetti. Last December, Cagliari, after Rome and Naples, has been the last date of the Italy-China week about science, technology and innovation.
(Source:Class Editori)
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