Fusioni & Acquisizioni

📍 Baglioni Hotels & Resorts, based in Milan, Italy, epitomizes Italian hospitality with its elegant 5-star hotels. It boasts 8 locations, offering a blend of charm, gourmet dining, and exclusive local experiences.

🛫 Gianfranco Battisti, CEO of Gesac, explains the strategy behind privatizing Palermo’s airport, Falcone Borsellino, aiming to elevate it to a Mediterranean hub. Following shareholder approval, an advisor will be appointed for the process. The public retains an active role through golden power, ensuring jobs and services. A €250 million investment by 2030 targets terminal expansion, energy autonomy, and sustainable fuels. The project aligns with ‘Aeroporti di Sicilia,’ enhancing international connectivity and economic impact.

✈️ Turkish Airlines is advancing towards acquiring a 26% stake in Air Europa for €275 million, with support from Juan José Hidalgo of Globalia. This investment aims to alleviate Air Europa's debts. With IAG holding 20%, the company is positioned to withstand market challenges and continue its growth plans. Official steps, including a binding offer and regulatory approvals, are needed to finalize the deal.

💵 Foster Clark Products Ltd., part of Francis Busuttil & Sons Limited, acquired Preziosi Food S.p.A., an Italian snacks supplier, securing a facility in Melfi employing 200 workers with an annual capacity of over 130 million packages. In 2024, Preziosi Food gained over €86 million in revenue with a 13% EBITDA. CEO Lorenzo Caporaletti stays on to ensure continuity. This acquisition marks Foster Clark’s entry into Italy, enhancing their European expansion strategy.

💸 Hilton's Q2 2025 revenue increased by 6.3% to $3.14 billion compared to Q2 2024, with EBITDA rising to $1.01 billion from $917 million. However, RevPAR decreased by 0.5% due to a slight drop in occupancy to 74.4%, despite ADR rising 0.2% to $163.78. The U.S. RevPAR fell 1.5%, while Europe, the Middle East, Africa, and the Americas (excluding the U.S.) saw respective increases of 2%, 10.3%, and 3.8%. Asia-Pacific remained steady with a 0.3% growth.

📈 Minor Hotels Europe & Americas reported a strong first half of 2025, with revenue reaching €1.2 billion, marking a 5.5% increase from the previous year. Their net profit was €112 million, a 58% rise from January-June 2024. The average daily rate increased 3% to €147, and occupancy rose to 69%. The company improved liquidity and secured a new long-term financing, including a €200 million revolving credit line. In Italy, they operate around 60 hotels.

💸 NewPrinces Group signs a binding agreement to acquire Carrefour Italia SpA for €1 billion, becoming Italy's second-largest food group by revenue. Expected closing by Q3 2025, subject to regulatory approvals. Carrefour Italia's 2024 gross sales: €4.188 billion. NewPrinces aims for €6.9 billion consolidated revenue. Investment plan of €437.5 million involves Carrefour's €237.5 million reinvestment. NewPrinces will invest €200 million in development and brand renewal, strengthening European market presence.

🏨 CitizenM was officially acquired by Marriott International, integrating into its systems by year-end. Anthony Capuano, CEO of Marriott, announced that CitizenM will join Marriott Bonvoy. CitizenM operates 37 hotels with 8,789 rooms across 20 cities in the US, Europe, and Asia-Pacific, known for innovative tech, people-focused hospitality, and efficient design. This acquisition adds to Marriott's lifestyle brand offerings, meeting travelers' demand for unique experiences.

✈️ Between July 2024 and July 2025, Europe saw airline capacity reach 120,465,000 seats, though prices remain high. Italy's capacity fell 16.5% to Denmark and 5% to France but increased to Portugal (+11.8%), Spain (+5.8%), and the UK (+5%). European fares rose 20.3%, from €69 to €83. In North America, fares increased marginally. Notably, capacity from Los Angeles to Italy surged by 77.2%. Advance booking in Europe rose by 0.90% while summer travel to North America dropped by 9.5%.

🏨 Pellicano Hotels Italy expands in Umbria with the acquisition of La Badia, a 3,400 sq. meter property near Orvieto, slated to open in 2027. This former Benedictine abbey, dating between the 6th and 12th centuries, will be transformed into a 24-room hotel with services like an outdoor pool and spa, thanks to an investment exceeding €43 million. Meanwhile, Hotel Il Pellicano celebrates 60 years with events starting August 29.