Hospitality

Ginobbi aims for six hotels by 2030

The group that owns Palazzo Ripetta in Rome acquires Palazzo Scanderbeg to enter the rental segment

by Paola Dezza

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

After a relaunch process begun in recent years, the Roman group Ginobbi, active for more than half a century and today with 25 assets under management between residential, commercial and hotel, is focusing on luxury hospitality and positioning itself as an independent operator focused on 'trophy' structures with a high historical and cultural value.

The core of the strategy is specialisation in the luxury hotel segment, an activity launched in 2022, with a proprietary operating model that integrates real estate asset management and hotel management. An approach that allows the group to act as both owner and operator, expanding the levers of value creation.

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"Over the next five years we aim to build a portfolio of at least six facilities - between ownership and management - with a total of around 350 rooms. At the same time, the financial objective is to double the turnover from the current 24 million euro," says Giacomo Crisci, president of the group.

Part of this strategy is the latest transaction implemented in recent days concerning the acquisition of Palazzo Scanderbeg, a few steps away from the Trevi Fountain. The property is part of the flat rental segment, a new sector for the group. The project involves a repositioning as a high-end boutique property, with a tailor made offer aimed at international customers. "The acquisition also marks a strengthening of the 'evolved asset light' model, in which sophisticated management becomes a central lever for extracting value from unconventional assets," says the interviewee.

In order to focus on hospitality, the group's top management intends to divest part of the portfolio, especially retail assets.

The development guidelines remain the main Italian marketplaces - Rome, Milan, Florence and Venice - where the scarcity of assets and high international demand make each operation complex but strategic. Alongside these, the group is also looking at secondary destinations with high potential, such as the Amalfi Coast, Tuscany or Lake Como, where it is possible to develop distinctive projects with greater leverage on property development, albeit in less seasonally adjusted contexts.

The group's flagship property in the hotel world is Palazzo Ripetta in Rome, 'which has a stable occupancy of around 70 per cent: a level deliberately below saturation in order to guarantee high standards of privacy and service quality,' says Crisci.

With Torre Sponda, in Positano, and Palazzo Ripetta, the operation of Palazzo Scanderbeg brings a third pillar of the group's luxury hospitality division into the portfolio.

In an Italia market increasingly dominated by large international operators, Ginobbi is thus aiming to carve out a distinctive space as an independent platform, capable of combining real estate development and high-end hospitality

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  • Paola DezzaCaporedattrice del Lunedì e responsabile del settore real estate per tutto il gruppo

    Lingue parlate: inglese, francese

    Argomenti: mercato immobiliare, architettura, finanza immobiliare, lifestyle, turismo, hotel e ospitalità

    Premi: “Key player of the italian real estate market” di Scenari Immobiliari

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