Fusioni & Acquisizioni

🏨 Ancora Cortina, a boutique hotel in the Dolomites, joins Virtuoso, a global luxury travel network with over 2,200 members in 100 countries. Led by Aldo Melpignano and designed by Vicky Charles, the hotel is a symbol of luxury in Cortina. Andrea Filippi highlights the honor of joining Virtuoso, enhancing Italy's high-end tourism profile. Renzo Rosso's vision blends fashion and hospitality, making it a prime location for luxury tourism.

📑 Giorgio Armani acquisterà La Capannina di Forte dei Marmi, iconico locale italiano, con la nuova gestione a partire dall'estate 2024. Fondato nel 1929 e gestito dai Guidi dal 1977, il locale è noto per la sua importanza culturale. Armani, da sempre legato a Forte dei Marmi, considera questa acquisizione un omaggio alle sue radici e alla tradizione italiana.

🛫 Frontier Airlines is launching 20 new routes, 18 previously operated by Spirit, starting November and completing by February. Destinations include Detroit, Houston, and Fort Lauderdale. CEO Barry Biffle aims to position Frontier as the top ultra low-cost carrier in the U.S., denying intent to target Spirit. Over the past 5 years, Frontier attempted twice to acquire Spirit, but was rejected by shareholders.

📈 Sicilia's Tourism Department, led by Elvira Amata, aims to enhance hospitality quality by investing €135 million in accommodations without land consumption. Despite a downturn in June and July, 2024 saw a 9.7% annual visitor increase, boosted by foreign tourism. Early 2025 numbers show continued growth, especially international visitors. Amata emphasizes tourism as a development engine, highlighting the importance of synergy in services to ensure industry growth.

🌏 Kuoni and Hotelplan, two iconic Swiss tourism brands, are merging under German company Dertour. Swiss authorities approved the acquisition, initiated in May, with no conditions, focusing on their Swiss market presence. Hotelplan, previously revived by Migros in February last year, will finalize its transfer this week. Dertour will acquire four of Hotelplan's five business units, excluding Interhome, already sold to HomeToGo. Dertour operates 130 companies across 16 countries and employs over 10,000 people.

💰 Charles Forte, Rocco Forte Hotels’ development director, announced a partnership with Emerald Pine Capital in 2025 targeting growth in Europe and the Middle East. The collaboration merges Rocco Forte's operational expertise with Emerald Pine’s investment management skills. This strategic alliance aims to identify high-potential hotel assets, streamline processes for property owners, and support acquisitions and development projects, focusing on long-term value creation in the hospitality sector.

🇹🇷 Turkish Airlines has acquired a 26-27% stake in Air Europa for €300 million, establishing itself as the second-largest shareholder. The deal, expected to finalize in 6-12 months, includes a €275 million loan and €25 million for shares. Turkish aims to enhance travel connections to Spain and attract more tourists from Latin America. This move positions Turkish behind the Hidalgo family and ahead of IAG, which holds a 20% stake in Air Europa.

📍 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.