MCE, Paralympics, and Fashion Week push Milan hotel room rates to March record
CoStar data shows Milan hotels achieved record March performance with EUR202.42 ADR, driven by Fashion Week, MCE tradshow, and Winter Paralympics.
CoStar data shows Milan hotels achieved record March performance with EUR202.42 ADR, driven by Fashion Week, MCE tradshow, and Winter Paralympics.
The hospitality brand will open properties across Italy and Sweden by 2027, including agricultural estate La Capitana in Tuscany and historic Hasselbacken in Stockholm.
The Monteleone, a new boutique hotel located on the border of rural Umbria and Tuscany has officially opened its doors. Set among the rolling hills of Monteleone d’Orvieto, one of Italy’s most evocative hilltop villages, framed by medieval walls, olive groves and verdant countryside, the 17-room retreat promises intentional slow living, offering a timeless sanctuary rooted in its surroundings, where guests are invited to pause and rediscover the beauty of simplicity.
Locanda La Raia, the biodynamic winery and boutique hotel in Piedmont, Italy, has officially reopened, welcoming guests back for a new season in the rolling hills of Gavi, in Lower Piedmont. Set within the biodynamic 200-hectare estate of La Raia, where vineyards, woods, lakes, gardens and farmland form a singular ecosystem, the reopening marks a new chapter for the estate’s hospitality offering with the expansion of Borgo de La Raia: an ancient rural hamlet carefully restored in 2024 into a space for hospitality, and now further developed with the addition of two new apartments, Ape Regina and La Villa, introducing a more residential style of stay.
Corinthia Hotels has announced a new development in Italy with the signing of an agreement to develop, lease and operate a luxury resort, Borgo di Perolla, Tuscany.
Award-winning hospitality brand The Usual is set to open its first hotel in Florence in Q1 2027. Renowned for blending ESG values with bold design, creativity, and lifestyle, this will be the brand’s third European property, and their first step outside of the Benelux. True to its vision, The Usual is once again selecting a location with character, history, and a creative future. Where Heritage Meets Creative Energy
Orient Express proudly unveils Orient Express Venezia at Palazzo Donà Giovannelli, the extraordinary rebirth of the 15th century architectural jewel, owned by Arsenale Group, reimagined by architect and interior designer Aline Asmar d’Amman as a hotel, for the first time in nearly six centuries. A new icon in the brand’s constellation of ultra-luxury travel experiences, the hotel invites guests into a world where Venetian history, contemporary artistry and the legendary spirit of the Orient Express art of travel converge in perfect harmony. Once a celebrated crossroad on the legendary route from Paris to Istanbul, Venice reclaims its role as a theatrical gateway for the Orient Express world of luxury travel.
Punta Tragara, part of the Manfredi Fine Hotels Collection, the iconic luxury boutique hotel overlooking the Faraglioni rocks and Marina Piccola Bay, open the season 2026 with a new suit and the refurbished Michelin-starred restaurant.
Hotel Excelsior Venice Lido - Venice's only luxury beachfront hotel and one of the most storied addresses in European hospitality is set to unveil its most significant transformation in recent history. Reopening on May 5, 2026, the landmark Moorish-inspired property on Lido Island will introduce a restored Palm Court, a new signature terrace restaurant, and the first wave of redesigned guest rooms, marking a defining new chapter for a hotel that has welcomed kings, world leaders and Hollywood royalty to its Adriatic shores since 1908.
The 82-room property in a restored 16th-century village features contemporary South African design, Michelin-starred dining, and communal wellness spaces opening June 2026.
Grand Hotel Tremezzo, the iconic Lake Como retreat, announces its reopening for the 2026 season on March 19, unveiling a series of thoughtful enhancements to its accommodations, wellness offerings, and guest experiences. This season marks an evolution of the hotel’s timeless charm, blending its historic elegance with contemporary luxury and cultural discovery.
Europe-based hospitality real estate developer and investor, Omnam Group, announces the opening of The Lake Como EDITION; a highly anticipated luxury hotel property set on the western shores of Lake Como, Italy. Acquired in late 2021, by Bain Capital and Omnam under a fund managed by Kryalos SGR and operating under Marriott International’s EDITION Hotels brand, the hotel represents a carefully executed redevelopment of the historic Hotel Britannia Excelsior. The project reflects Omnam’s distinctive approach to value creation: identifying architecturally significant assets in prime destinations and transforming them into globally relevant hospitality experiences through strategic brand partnerships, meticulous design, and disciplined project execution.
Aethos Milan is stepping into a new era. Following a complete design transformation, the hotel, just steps away from the Darsena, is reopening with a newly awarded five-star status. The relaunch unveils 35 redesigned guest rooms, the iconic Doping Bar, including a new summer terrace, and expanded social spaces. It also introduces Cima, a restaurant reserved exclusively for Aethos members and hotel guests, bringing a refined culinary identity to the property and enriching the brand’s growing members’ community.
On the historic Piazza del Parlamento, Corinthia Rome opens the doors of a grand neoclassical palazzo, marking the Italian debut for Corinthia Hotels. The brand’s commitment to modern heritage is expressed through the restoration of a historic palazzo long associated as a stronghold of the Bank of Italy. Carefully reimagined as a hotel, the project preserves the architectural integrity, from its monumental structure to its original 1920s frescoes. The 9,700-square-meter, 60-key hotel marks the first Roman address for Italy’s famed chef Carlo Cracco and includes panoramic penthouses and a subterranean spa inspired by ancient bathing rituals, set within the building’s original vault.
Orient Express Venezia announces the appointment of internationally acclaimed chef Heinz Beck to oversee the hotel’s entire gastronomic offering. A leading figure in European fine dining with Three Michelin stars, and the Beck and Maltese Consulting Team will curate and sign all culinary experiences within the historic Venetian Palazzo. This collaboration entrusts Beck with shaping a distinctive culinary concept across the hotel from its signature fine-dining restaurant to its reception spaces and more relaxed venues. Drawing inspiration from the Venetian lagoon and the surrounding territory, his cuisine reflects the principles that define his internationally celebrated approach: technical precision, clarity of flavor, and a constant pursuit of balance and lightness. Heinz Beck’s vision will be carried out by Pasquale Rivetti, Chef in Residence.This gastronomic vision is expressed within the architectural setting conceived by architect and interior designer Aline Asmar d’Amman, who has led the complete renovation of Orient Express Venezia since 2018. Housed in one of Venice’s legendary palaces, the spaces reawaken the historical legacy of the Palazzo while introducing a contemporary sensibility, with poetic precision and a strong cultural connection to the Serenissima’s artistry. Heinz Beck Venezia: the gastronomic restaurant A dining room of twenty seats, Heinz Beck Venezia serves as the hotel’s gastronomic restaurant. The chef’s approach reflects the philosophy that established his reputation: a cuisine centered on balance, combining flavor, lightness, and nutritional awareness. Ingredients drawn from the Venetian lagoon and the wider Mediterranean basin form its foundation. Amberjack with ash buttermilk, fresh peas, and salted lemon, or red prawn served with carrots and lagoon seaweed, highlight local products through precise contemporary technique and a refined interpretation of Italian culinary tradition.Set within the Palazzo’s former Orangerie, the dining room designed by Aline Asmar d’Amman is illuminated by sculpted glass forms inspired by underwater life, casting fluid reflections across the space, a detail imagined after her conversations with Heinz Beck about the edible flowers of the lagoon.Heinz Beck Venezia operates exclusively during dinner service. La Casati: Venice in Its Everyday Rhythm Complementing the gastronomic restaurant, La Casati offers a more relaxed interpretation of Venetian dining while maintaining the same culinary method. Open for lunch and dinner, the restaurant celebrates the local flavors of the city through seasonal ingredients and recipes rooted in Venetian tradition. Designed with surfaces adorned by living textures and crafted materials, La Casati’s spaces are permeated with a sense of theater, inspired by the legendary eccentric Italian aristocrat, a muse to architect Aline Asmar d’Amman. During the summer months, a secluded 300-square-meter garden opens to guests, extending the experience outdoors and offering a rare green retreat in the heart of Venice. Wagon Bar: An Echo of the Golden Age of Travel The wagon bar evokes the golden age of travel, in an ode to the original Orient Express railcar lounges, reinterpreted with codes of Art Deco. The Wagon Bar is open until late evening, and offers a selection of light savory dishes during the day, followed by classic and signature cocktails. Intimate in scale, the space combines references to the heritage and codes of Orient Express. Salone Vittoria: the Art of Entertaining Once the iconic ballroom of Venetian nobility, Salone Vittoria, located on the magnificent noble floor, continues to host the social life of the Palazzo. Spectacular breakfast is served beneath the historical 18th century chandeliers, while gala dinners and private celebrations unfold within its historic interiors. For each occasion, menus are curated by Chef Heinz Beck and Beck and Maltese Consulting team, reflecting the traditions of Venetian hospitality through attentive service and carefully composed dining experiences. With the arrival of Heinz Beck, Orient Express Venezia places gastronomy at the center of the guest experience. Conceived across the entire Palazzo, the culinary offering brings together fine dining, informal moments, and special gatherings within a unique and cohesive vision.The partnership reflects an approach in which cuisine, art of hospitality, and the historic character of the palace combine to create a distinctly Venetian journey - interpreted through contemporary craftsmanship.
CoStar data shows Milan averaged 83.4% occupancy during the Winter Olympics, with luxury properties posting RevPAR gains of 321.9% year over year.
Puorto argues AI requires structural process changes, not just tool integration, and introduces "Humans-as-Luxury" as human service becomes a strategic differentiator.
Ruby Group continues to grow its presence in Italy with a new Ruby Hotels project in Milan. Following successful openings in Florence and Rome, the upcoming Ruby hotel marks the group's third location in the Italian market. Located in the vibrant Isola district, the hotel brings the brand's Lean Luxury philosophy to one of Europe's most influential lifestyle destinations. The hotel will feature 128 rooms and reflect Milan's distinctive urban energy. The project is being developed in partnership with landlord Kervis SGR S.p.A.
For 2026, Ara Maris unveils a new culinary direction with the appointment of Chef Luigi Lionetti as Executive Chef, following his acclaimed success at the iconic Punta Tragara in Capri, and marking a major milestone in the hotel's evolution.
Radisson Hotel Group has opened Palazzo San Gottardo Lake Como, A Radisson Collection Hotel, marking the brand's debut in the heart of Como and one of Italy's most iconic lake destinations. Ideally located between Piazza Cavour and Piazza Volta, only steps from Como's historic city center, the restored historic palazzo offers 70 refined rooms and suites, three distinctive dining concepts including a rooftop restaurant, an intimate urban spa and exclusive private lake experiences, positioning it as a new landmark for understated luxury on Lake Como.