UK hotel group stretches its legs into continental Europe
UK-based hotel owner and developer Molo Hotel Group is to overhaul its first acquisition in mainland Europe.
The firm now owns Hotel Alexandra in Rome, Italy, located on the famous Via Veneto, which was featured in Fellini’s 1960 film, La Dolce Vita.
Upscale repositioning
As with all Molo properties, Hotel Alexandra shall be operated by Lighthouse Hotel Management, and plans are currently afoot to begin major refurbishments on the hotel, allowing for upscale repositioning.
Ross Morrow, MD 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, MD of Lighthouse Hotel Management, added: “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.”
Worldwide vision
Hotel Alexandra is Molo’s first acquisition in continental Europe, following last years’ purchase of the Manchebo Beach Resort and Spa in Aruba, adding to its existing strong presence in the UK.
Rome continues Molo’s trend to acquire or develop in key destinations such as Edinburgh, Liverpool, and Manchester, with further acquisitions planned in Europe and the Caribbean.
In the pipeline
The expansion is part of the group’s ambitious 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.
In a pre-opening phase currently is a dual IHG Hotels & Resorts group-branded site in Liverpool, UK. With Molo as the owner of both properties, Hotel Indigo Liverpool Ropewalks and Holiday Inn Express Liverpool Ropewalks will respectively bring 130 and 257 keys to the English city.
Related Articles
The Social Hub brings hybrid hospitality concept to the UK
The Social Hub Glasgow combines a 494-key hotel, complete with student and extended-stay rooms, with extensive co-working space, event space and social venues. Learn, stay, work and play The result of a £90 million development, The Social Hub Glasgow is the 18th hub...
Amara Hotels & Resorts to embark on brand redesign
The reimagination of these properties responds to the evolving preferences of today’s traveller. The properties will unveil their new design mid-2024, with new brand experiences to follow. Brand transformation Through its brand redesign, Amara Hotels & Resorts...
Hilton to bring Conrad Hotels & Resorts brand to Jaipur
Joining the recently signed Waldorf Astoria in Jaipur, Conrad Jaipur will become the second luxury Hilton hotel in the ‘Pink City’. The new luxury Conrad hotel is expected to open in 2027. Growth across India The 246-key Conrad Jaipur is to be developed in partnership...
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...
