Baglioni Hotels & Resorts, the leading Italian hotel company with presence in Rome, Florence, Milan, Venice, Sardinia, Apulia, London and Maldives, announced a strategic financial partnership with the Mexican company Palace Resorts. This structured initiative includes Palace Resorts becoming the majorirty shareholer of Cogeta Spa – holding company of Baglioni Hotels & Resorts – acquiring 75% of the company.
Source: New feed