Historic Trieste aparthotel heads for overhaul with new owners
Trieste aparthotel Residence del Mare (Casa Minelli) is to be refurbished after Austrian group JP Hospitality Investors Club purchased the property.
The historic Italian house is in good condition, so the refit will essentially focus on lifestyle refurbishment.
Modern suit
Residence del Mare Casa Minelli has around 40 apartments, each with a kitchen-living room, and is suited to modern short- and long-stay hospitality accommodation.
The building is located in a residential area, a few metres from the old town centre’s pedestrian area. The famous Piazza Unità d’Italia, the seafront promenade and the port can be reached on foot in a few minutes.
Contemporary redesign
JP Hospitality Investors Club believes the residence meets its desired conditions and fits well into a series of recently acquired hotels. The firm’s managing partner and CEO Lukas Euler-Rolle said: “With a clear concept, we will redesign an existing structure in a contemporary way and develop it into a hip lifestyle apartment hotel.”
Daniel Jelitzka, founder of JP Immobilien Gruppe and chairman of the advisory board of JP Hospitality, emphasised: “Trieste is a unique city with a special charisma and offers a lot of catching up potential with its culture, history and gastronomy. With a new hip apartment hotel, we will cover the highly sought-after lifestyle segment here, as we have done at other locations before.”
While Gebhard Schachermayer, CAM and hotel expert at JP Hospitality, added: “The ideal location of the apartment hotel offers guests the opportunity to experience Trieste and the unique gastronomy offer on foot.”
In the club
The JP Hospitality Investors Club is an owner-managed investor group based in Vienna. Founded in the summer of 2021, the club intends to invest around €300 million over a period of 24 months to purchase and renovate leisure and city hotels in major European cities and premium leisure regions.
Casa Minelli Residence del Mare is the firm’s fifth recent addition after acquisitions in Kitzbühel, Mallorca and Rotterdam and Madonna di Campiglio.
The JP real estate group currently owns 15 hotels, six of which are in the development phase and eight already in operation, with around 2,300 rooms in European cities and leisure destinations. PKF hospitality group acts as an exclusive advisor to JP Hospitality Investors Club.
Related Articles
IHG grows voco brand in South Korea with new Seoul signing
Following the rebranding of an existing property, the hotel will become IHG’s second voco branded hotel in South Korea, following the 2022 debut of voco Seoul Gangnam. A heightened presence Following its recent signing, voco Seoul Myeongdong is set to open by the...
Marina Bay Sands reveals details of multi-billion-dollar expansion
Inclusive of a luxury hotel tower, entertainment arena and additional MICE space, the expansion has been designed by original architects of the property, Safdie Architects. Resort expansion The expansion of this iconic resort will see the construction of a luxury...
The Hoxton brings a fresh new hotel offering to Vienna
Additional highlights of this hotel occupying a marble-clad modernist landmark building include a cocktail bar, pool, The Hoxton’s very first auditorium and a ‘French-by-way-of-New-York’ bistro. A new hotel concept for Vienna The Hoxton, Vienna is found in the...
Rebrand for Caledonian
Landmark Edinburgh hotel the Caledonian is to have a makeover, with plans including a major refurbishment, rebranding and an extension to provide more bedrooms. The plans have been announced by the hotel's owner and in-house operator, Henderson Park and Klarent...
Marriott makes its debut in Malaysia’s Perhentian Islands
The local heritage, culture and great natural beauty of this environment will define the experience found at this new resort within Perhentian Island Marine Park. A reflection of its surroundings The just-opened Perhentian Marriott Resort & Spa places guests on...
IHG announces plans for new voco hotel in Hiroshima
The forthcoming voco Hiroshima is the second voco hotel to come to Japan as it joins the 2023-opened voco Osaka. The brand now has 62 hotels in operation, with another 74 in the pipeline. A prime setting On opening in 2027, the new-build voco Hiroshima will place...
ABOUT THE COMPANY
The JP Hospitality Investors Club is an owner-managed investor group based in Vienna. Founded in the summer of 2021, the club intends to purchase and renovate leisure and city hotels in major European cities and premium leisure regions.
Marriott debuts in Papua New Guinea with Port Moresby opening
MGallery unveils Domaine de la Reine Margot Paris Issy outside Paris
The Leinster opens as Dublin’s first hotel in the luxury lifestyle category
Hilton builds residence brand
Frasers Hospitality expands in Bahrain with opening in Al Hamala