SIXTH STREET AND ROCCO FORTE HOTELS ANNOUNCE A NEW HOTEL IN PORTO CERVO, SARDINIA (Italy)
Sixth Street and Rocco Forte Hotels are pleased to announce that Rocco Forte Hotels will operate a new luxury resort in Porto Cervo, Costa Smeralda. |
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SIXTH STREET AND ROCCO FORTE HOTELS ANNOUNCE A NEW HOTEL IN PORTO CERVO, SARDINIA (Italy)
Sixth Street and Rocco Forte Hotels are pleased to announce that Rocco Forte Hotels will operate a new luxury resort in Porto Cervo, Costa Smeralda. |
Category: Europe - Italy - Industry economy
- Hotel projects
This is a press release selected by our editorial committee and published online for free on 2023-04-05
The new resort is jointly developed with Eidos Hotel Capital Partners acting as an operating partner and asset manager for Sixth Street, which acquired the property in January 2022.
Formerly known as Hotel Le Palme, the resort is located in Liscia di Vacca, Porto Cervo, on what is known as Costa Smeralda. Patrizia Pozzi and Efisio Onali designed the resort landscape and architectural concept, while Patricia Urquiola has been appointed to the interior design. Natural materials and local craftsmanship, blended with ESG principles, are the core values of the development.
The hotel will feature 64 rooms and suites, offering the highest standards of comfort in both space and service. Set to open in 2024, the fully redeveloped resort by Rocco Forte Hotels will also offer its guests a state-of-the-art spa and the choice of three restaurants as well as a panoramic rooftop bar and meeting and event space.
The luxury resort in Porto Cervo will complement the Rocco Forte Hotels properties in Rome, Florence, Sicily and Puglia as well as The Carlton Milano and Rocco Forte House set to open in Milan in 2024.
About Sixth StreetSixth Street is a global investment firm with approximately $65 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Sixth Street’s London-based European real estate team partners with property managers and institutional investors to acquire, finance, develop and provide servicing expertise for assets across the real estate sector.
About Rocco Forte HotelsEstablished by Sir Rocco Forte and sister, Olga Polizzi in 1996, Rocco Forte Hotels is a collection of 14 individual hotels and resorts. All of the hotels are landmarks, both old and new, occupying magnificent buildings in exceptional locations. Led by a family who has been in hospitality for four generations, the hotels are united by their distinctive approach to service ensuring guests experience the best of the cities and surrounding areas.
Rocco Forte Hotels comprises: Hotel de la Ville, Hotel de Russie and Rocco Forte House, Rome; Hotel Savoy, Florence; Verdura Resort, Rocco Forte Villas and Villa Igiea Sicily; Masseria Torre Maizza, Puglia; The Balmoral, Edinburgh; Brown’s Hotel, London; The Charles Hotel, Munich; Hotel de Rome, Berlin; Hotel Amigo, Brussels and Hotel Astoria, St Petersburg. The Carlton Milan and Rocco Forte House Milan are scheduled to open in 2024.
About Eidos Hotel Capital PartnersEidos Hotel Capital Partners is a hotel asset management and advisory firm based in Milan, whose partners developed and operated Italian hospitality investments for more than €500 million over the years. Eidos Hotel Capital Partners’ expertise lies in medium to large-scale hospitality developments, in Italy.
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