Pavăl Holding-owned hotel to open in Italy under Hilton brand

24
Oct
2023
News - Pavăl Holding-owned hotel to open in Italy under Hilton brand #Apex Alliance #Hilton #hotel #Italy #Pavăl Holding #Vytautas Drumelis

by Property Forum | Hotel

Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.


The new Grand Hotel Gardone Lake Garda, LXR Hotels & Resorts will be managed by Apex Alliance Hotel Management and is slated to open in 2026. The hotel building will be renovated following a multimillion euro investment.

“The reconstruction and conversion of the Grand Hotel into the prestigious luxury LXR brand will transform it into the first internationally branded flagship hotel in the region. The arrival of the branded property will address growing demand in the area, will contribute to the region's development, stimulate tourism, and attract new future investments,” said Vytautas Drumelis, Apex Alliance Partner.

Alongside 160 guest rooms, the hotel will offer two signature restaurants, two bars and a spa featuring indoor and outdoor pools and fitness facilities. Additionally, the hotel will feature 825 sqm of meeting space, including a ballroom and an expansive terrace overlooking the lake.

Hilton currently has more than 40 trading and pipeline hotels in Italy. 




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  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

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  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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