Melià Hotels International and Generali Real Estate have announced a new Gran Melià hotel opening in Milan city centre in 2023.
The five-star hotel will be the result of the complete refurbishment and restoration of the historic Palazzo Venezia, in the centre of Milan.
After an extensive renovation, the building - property of a fund managed by Generali Real Estate SGR - will house 70 rooms. The building will also feature a rooftop bar and terrace, offering breath-taking 360° views of the city from a unique viewpoint, under its characteristic dome.
"Italy is one of the world's greatest tourist destinations and it is a privilege for us to offer iconic hotels such as the Gran Melià in Milan, which bring even greater recognition to our brands", said Gabriel Escarrer, VP & CEO of the hotel company, who also assured that "thanks to our efforts to raise the quality of our portfolio, we will be in the best possible condition to face the recovery and once again attract demand in the most competitive destinations in the world.”
"With this important investment, we confirm our confidence in the strength of Milan and its come-back among the most important business and travel destination, after the pandemic crisis", added Aldo Mazzocco, CEO, Generali Real Estate. "As a long-term investor, we selected a world-class and forward-looking partner such as Melia, which shares with us a 'Mediterranean' root and style, to both preserve and transform one of our most iconic buildings into a high-end hotel".