UK hotel group makes first acquisition in Continental Europe

Hotel owner and developer, Molo Hotel Group, has completed the acquisition of the Hotel Alexandra, Rome. The Hotel Alexandra is Molo’s first acquisition in Continental Europe, following last years’ purchase of the Manchebo Beach Resort and Spa in Aruba.

Located on the Via Veneto, the Hotel Alexandra is close to some of the city’s most famous sites, including the Trevi Fountain and the Spanish Steps.

The expansion is part of Molo Hotel Group’s plans for 2023, which includes three properties currently under construction and scheduled to open by spring, alongside the four hotels which are currently owned by the group.

As with all Molo properties, Hotel Alexandra shall be operated by Lighthouse Hotel Management, and plans are currently underfoot to begin major refurbishments on the hotel, allowing for upscale repositioning for the property.

What they said

Ross Morrow, managing director of Molo Hotel Group, said: “We are delighted to finalise the acquisition of the Hotel Alexandra. A beautiful building in historic surroundings. We are excited by the plans to refurbish the property and to extend the Hotel Alexandra’s illustrious history.”

Stephen Bench, managing director of Lighthouse Hotel Management, said: “The Hotel Alexandra marks an important milestone for Lighthouse. Our first hotel in mainland Europe brings many opportunities and we can’t wait to create a first-class hotel experience on Via Veneto.”