27 June, Bebeez
Boscalt Hospitality, an Edmond de Rothschild Private Equity fund, acquired the iconic Majestic Hotel in Via Vittorio Veneto, Rome city centre, from real estate company EGA Esercizio Grandi Alberghi Srl. The property, which offers 100 rooms and covers over 10,000 Sqm, closed in January due to the financial difficulties following the pandemic. Boscalt plans to renovate and reposition the hotel in the extra-luxury segment.
Source: Bebeez
Translator: Cristina Ambrosi