“IL PUNTO/CORFAC International” advisor of Alpitour

for new management

of exclusive Grand Hotel Daniela in Puglia

The advisor has coordinated the operation of Alpitour World Hotels & Resort for new management of the Hotel located at 15 km from Otranto. “Choosing an international partner is now the only way to enhance the Italian touristic real estate and attract foreign institutional” says Maurizio Miconi, General Director of IL PUNTO/CORFAC International

MILAN – February 4, 2015 – Alpitour World Hotels & Resorts, led by the real estate advisor IL PUNTO/CORFAC International, took over the management of the historic Grand Hotel Daniela (Bravo Daniela, today), in the village Conca Specchiulla 15 km from Otranto. Totally renovated and refurbished, has 146 rooms on two floors, a large lobby with shops, conference rooms, two restaurants, two bars and two swimming pools with poolside bar. All set in an amazing green pine forest.

“The operation is fully part of the trend that the Italian tourist real estate need to follow,” says Maurizio Miconi, General Director of IL PUNTO. “Many owners would like to sell, but struggle in presenting the product to investros, also for asking prices that are out of market. To identify a partner for management that is worldwide recognized, as in the case of Alpitour, is the first step to enhance the property and add value. In a second step you can plan the sale” added Miconi.

Globally, the large institutional investors are diversifying their portfolio by leaving more and more segments as offices and commercial, to tack towards the top level of hotel business. In recent months, the Chinese Anbang Insurance bought for nearly $ 2 billion the historic Waldorf Astoria in New York. The Savoy in London is now owned half by the

sovereign fund of Qatar and half by the Saudis. Further on the Chinese Sunshine Insurance has just awarded the Sheraton Sydney for $ 380 million. “These are exceptional investments. The Italian hotel sector is highly fragmented and characterized by many small and old structures” says Maurizio Miconi. In fact, it is estimated that there are 34,000 hotels in our country, many of which emerged in the 60s, with an average of 25-30 rooms each. “It will be sufficient less, but more modern and higher in quality. Anyhow we must be realistic. Today the owners, especially if families, struggle to plan investments of a certain volume. Therefore, operations such as Alpitour are the only way to get known in the foreign countries in which there are capitals to invest.”

The hotel is already on the booking systems, under the brand Villages Bravo, and reservations dates start from May 2015.

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