Tag: Venice Lido HotelsView All Tags
Hotel Reopenings / Venice Hotels / Venice Lido Hotels / Historic Hotels / Regent Hotels / Starwood Hotels / → All Tags
The Hotel Des Bains in its heyday
Che fortuna amici, che bella notizia. This is big news. Huge! Venice’s historic Hotel des Bains, the grande dame of the Lido that inspired Death in Venice, hosted a bajillion movie stars for the film festival, and was shuttered in 2010 and sentenced to be redeveloped as luxury apartments (vomit) – will most likely be refurbished into a hotel once more.
According to local paper La Nuova, the Des Bains and its sadsack teammate, the Excelsior, are no longer for sale. The owner? The Cassa Depositi e Prestiti – a government-owned company. Regent and Starwood are still battling it out to run the properties (Raffaele Costa is out), but whoever wins will be the operator, not the owner.
But most exciting of all is the news that it looks likely that the Des Bains will make a spectacular return. From La Nuova (our translation):
It seems probable that the Des Bains, after its refurbishment, will return to being exclusively a hotel, putting a stop to the project that would have transformed part of it into hotel-residences – as was the initial plan – because the market conditions and the convenience of taking it forward are no longer in existence.
Hotel News / Hotel Sales / Hotel Rebrandings / Venice Hotels / Venice Lido Hotels / Starwood Hotels / Regent Hotels / → All Tags
The Excelsior, up for sale
Last week we learned that one struggling Venice island hotel had finally had its prince come along, in the shape of St Regis, and it got us thinking: what’s happening with the grande dames of the Lido?
The glorious old Hotel des Bains – which was the setting for Death in Venice and, more recently, one of the venues of the Venice Film Festival – closed in 2010, to be redeveloped into luxury apartments within a year.
But in Venice a few months ago, we couldn’t help noticing that it was still a building site.
According to Il Sole 24 Ore, everything is up in the air. There’s some complicated real estate fund stuff going on, but basically Est Capital, which bought the properties off Starwood, has foundered, and they’ve been passed to Hines Sgr, which is mulling over the options.