Acquiring a Hotel in Italy
A hotel in Italy is rarely a single, comparable product. An established city-centre address in Rome or Florence answers a different question from a lakefront property on Garda, a coastal resort in Basilicata or the Dolomites, or a building whose value depends on repositioning and a change of use. The right opportunity is defined less by star rating than by location, operating model, condition and the capital a buyer is prepared to commit to the concept.
Because a hotel purchase combines real estate with an operating business, the two require separate examination. Ownership structure, licences, any management or franchise agreement, room inventory and trading performance call for specialist review, alongside the building’s condition — life-safety systems, accessibility, planning consistency and the scope for extension or a change of use. The visible portfolio also spans adjacent categories: a mixed-use or investment-led opportunity can sit within the same listings as a trading hotel, and each should be assessed on its own structure rather than assumed to match the page it appears on.
Trevi Elite advises investors through the search and the coordination of technical, legal, fiscal and hospitality specialists. Our guide to hotel acquisition and the principal KPIs sets out the evaluation framework in more detail, and our review of current trends in Italy’s hospitality sector places individual opportunities in context; buyers weighing a hotel against other prime assets can also consult our wider selection of properties in Italy. The mandates below span several regions and operating profiles, and additional opportunities — including those not yet publicly listed — can be explored against a specific brief.
