JP Hospitality Investors Club, a leader in the hotel investment market, has acquired the apartment hotel Residence del Mare (Casa Minelli) in the centre of the old town of Trieste.
PKF hospitality group, an internationally recognised leader in hospitality and tourism consulting, acted as exclusive advisor to JP Hospitality Investors Club.
The Casa Minelli has a total of 2.000 sq m of around 40 apartments, each with a kitchen-living room, and is suitable for short- and long-stay accommodation. The historic house, which was built 1830, is in good condition, so the renovations will mainly focus on lifestyle refurbishment.
The apartment hotel is located in a residential area, just a few meters from the pedestrian zone. Piazza Unità d'Italia, the seafront and the port are within a few minutes' walk. The up-and-coming neighbourhood offers guests cafes, bakeries, restaurants and stores by popular designers.
Daniel Jelitzka, founder of JP Immobilien Group and chairman of the advisory board of JP Hospitality Investors Club, said that the acquisition of the apartment hotel fits well into the investor club's strategy.
"Trieste is a unique city with special charisma and offers a lot of catch-up potential with its culture, history and gastronomy. With a new hip apartment hotel here, as at other locations before, we will cover the lifestyle segment that is in high demand,” he added. – TradeArabia News Service
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JP Hospitality acquires top apartment hotel in Trieste
