Fusioni & Acquisizioni

🚩 In the United Kingdom, a proposed 60% hike in the cost of the Electronic Travel Authorization (ETA) by the Home Office has sparked conflict with the travel industry. The ETA fee, newly implemented for non-EU countries and mandatory for European travelers from April, is set to rise from £10 to £16 (~€18). Willie Walsh, IATA's Director-General, labeled the increase as "astonishing" and a self-inflicted hit to the UK's tourism competitiveness, especially with the upcoming increase in Air Passenger Duty in April. Advantage Travel Partnership's CEO, Julia Lo Bue-Said, voiced disappointment, stressing the importance of a strong incoming sector for outbound success.

🏖 Gabriele Burgio, CEO of Alpitour World, warns of Italy's unchecked tourist influx potentially distorting city identities. He opposes limiting visitor numbers or raising prices as it would make cities like Venice or Florence exclusive to wealthy tourists. Burgio suggests better scheduling like France's staggered school holidays and using price as a lever to encourage off-season travel, aided by technology.

🍨 Pernigotti Maestri Gelatieri Italiani will present new products at the 46th edition of Sigep in Rimini, featuring the 'Corte degli agrumi' line with five citrus pastes and Acidilia powder for pH regulation. The 'Kit Ciocco Regalo' targets children, combining white chocolate flavor with milk chocolate cream and toys. The company boasts a long-standing tradition in chocolate and has introduced new flavors including 'Kit Profumo di Toscana', Stracciatella Salted Butter Caramel with Crystal Salt, and a lactose-free base for ice cream. Gelagel Exotic joins the high-fruit Gelagel line. All 2025 novelties are available at www.pernigottigelatieri.com, and they will be at Sigep 2025, Pavilion C7, Stand 187.

🍹 Illva Saronno Holding's subsidiary, Disaronno Ingredients, has acquired a majority stake in Genova-based Arbore, a distributor with over 50 years of experience in the artisanal ice cream and pastry sectors in Liguria and Piemonte. The strategic move aims to make Disaronno Ingredients and Distributing Excellence a reference point for artisanal ice cream, ensuring high-quality service and control over the entire value chain. Illva Saronno Holding, a diversified Italian multinational and leader in the alcoholic beverage industry, markets products in over 160 countries and employs over 700 people across 30 subsidiaries worldwide.

🍉 Fortitude Capital SCR, a leading Portuguese private equity firm, partners with Brazilian superfood brand OAKBERRY to create a JV aimed at tripling store count in Portugal, Spain, and Italy over five years. OAKBERRY, with over 800 locations in 40 countries, opened its first Italian store in 2022, now totaling four. The JV, headquartered in Portugal, leverages combined expertise to expand OAKBERRY's presence and capitalizes on its sustainable supply chain and organic offerings.

🏦 Castello Sgr acquired Rome's Hotel dei Borgia, now Leonardo Boutique Hotel Rome Monti, managed by Leonardo Hotels Central Europe. The 4-star hotel has six floors, a basement, approximately 5,800 sqm, 80 rooms, and a 170 sqm wellness area. In the first three quarters of 2024, Italian hotel investments exceeded €1.3 billion, a 52% increase year-on-year. Michelangelo Ripamonti of Castello Sgr highlights the strategic collaboration with Leonardo Hotels and the potential for sector growth.

🍴 In Italy, hotel restaurants have been revitalizing, attracting local and international diners. Don Pasquale Restaurant at Rome's five-star Maalot Hotel, located near the Trevi Fountain, opened about three years ago by Shedir Collection. The restaurant, named after a famous opera by composer Gaetano Donizetti, offers a menu by executive chef Domenico Boschi that provides a gourmet take on traditional Roman dishes. The interior features Portuguese ceramic tables, and dishes are presented on Villeroy & Boch porcelain with Broggi 1818 cutlery.

🏥 In Milan, the 5-star Portrait boutique hotel, part of Lungarno Collection, connects Corso Venezia and Via Sant’Andrea in the largest square of the Fashion Quadrangle, featuring Antonia boutique and So-Le Studio. Areadocks in Brescia offers a full experience with 300 square meters of fashion, accessories, furniture consultation, bars, restaurants, a spa, and the unique opportunity to purchase design elements from the hotel rooms, blending vintage and contemporary. YellowSquare in Rome provides more than accommodation with on-site hair salon services offered by ContestaRockHair, an Italian brand established in 1996.

🚨 Severe weather and technical malfunctions disrupted train travel along the Reggio Calabria - Paola - Salerno line and the high-speed line connecting Florence to Rome. Rail circulation, after initial recovery, continues to be significantly slowed, affecting today's schedule for hours. Numerous regional trains between Calabria and Campania were canceled, with more cancellations and route limitations expected for high-speed and Intercity trains. On the Florence-Rome section, a technical issue rerouted high-speed trains to the traditional line, increasing travel times by over 60 minutes. Updates and cancellations are available on Trenitalia's website.

€ bear;𝧜 Hotel Capo d'Orso Thalasso & SPA, a 5-star establishment in Palau, joins The Leading Hotels of the World (LHW) portfolio, boasting over 400 five-star properties in 80 countries. Delphina hotels & resorts' director general, Libero Muntoni, marks this as a milestone for the company and Northern Sardinia's development. The inclusion follows a multi-year million-euro investment, positioning it as the only locally owned and managed hotel in the prestigious collection in Northern Sardinia. The hotel's sustainable luxury philosophy, 100% local ownership, and authentic experiences align with LHW's commitment and aim to expand in strategic markets like the United States, Middle East, and Asia.