Italy: Real estate firm Gruppo Statuto has appointed Rosewood Hotels & Resorts to manage a hotel in Milan, set to open in 2025.
Housed in the former Italian Commercial Bank, the hotel will be designed by Parisian firm Studio K.O. It will feature 70 rooms including around 20 suites, a bar and restaurant with a courtyard and garden, an Asaya wellness facility with three treatment rooms, an indoor pool and a fitness centre.
When open, the hotel will mark the fourth Rosewood property in Italy, joining recently announced locations in Rome and Venice, as well as Rosewood Castiglion del Bosco in Tuscany.
Sonia Cheng, chief executive officer at Rosewood Hotel Group, said: “This development comes with great excitement as we continue our growth in Europe and Italy specifically. Rosewood continues to expand to destinations where we know our ‘affluential explorer’ guests want to travel. With all its culture and vitality, Milan ticks all the boxes for an urban location and it will round out our portfolio of global fashion capitals where Rosewood has a presence, including our iconic properties in New York, Paris and London.”
Giuseppe Statuto, chairman of Gruppo Statuto, added: “We are thrilled to partner with a brand such as Rosewood to bring these historic buildings back to life. By merging our shared experiences and philosophies, we know this hotel will become an immediate icon of high hospitality in Milan – a trend-setting city that increasingly stands out in the world as an unmissable destination for international travellers and locals alike.”
Statuto Group is an Italian real estate group which operates under different lines of business: office and retail, luxury hotels, and residential.