Lhm Group, well-known luxury lifestyle brand that offers one-of-a-kind hotels, according to news reported by Il Sole 24 Ore has acquired a new hotel in the center of Rome that will join the Hotel Palazzo Velabro opened last march part of the Design Hotels brand situated not far from the Roman Forum and Circus Maximum.
According to reports, the new hotel will provide 25 rooms and a fitness area is a property belonging to a Roman family, it will have restyling operations, the works should begin soon and the opening should take place by the end of 2025 loyal to the concepts, and philosophy of the group in terms of design and style.
LHM Group, which already has hotels in Rome and Milan, also intends to open other facilities in important cities with strong tourist demand such as Bologna, Naples and Venice, aiming to enhance real estate assets that are often not in the sights of institutional investors.
This expansion is concentrated on small to medium-sized structures with a capacity of 33/35 rooms, located in central urban areas, adaptable to mixed room and apartment solutions. This is a formula and guideline designed by Lhm Group to guarantee gross operating margins net of rents of more than 35%, with future objectives of reaching 40% in the future.
The expansion of the LHM Group portfolio and future projects in other key Italian cities will certainly consolidate position, brand and greater visibility in the area with destinations that are always in high demand for various tourist segments.
Link
https://italiabsolutely.com/news/hospitality/lhm-adds-a-new-rome-hotel-and-focuses-on-bologna-naples-and-venice
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