Italy's Cordifin Group signs deal for InterContinental Venice - Palazzo Nani


InterContinental Hotels Group has signed a deal to open the InterContinental Venice – Palazzo Nani, the first property under that brand in the city. The hotel will operate under a franchise agreement with Italian real estate company Cordifin Group and H.n.h Hotels & Resorts Management and is set to open at the beginning of 2018.

The building will be converted from a 16th-century palace into a 51-room hotel that will sit on the Cannaregio Canal, which connects to the Grand Canal.

InterContinental Venice – Palazzo Nani will lie on Guests will be able to wander Venice’s narrow windy streets to observe the city’s gothic architecture and renaissance art as well as visit its historical landmarks, including St. Mark's Square and its Basilica, Piazza San Marco, the Doge's Palace and the Rialto Bridge.

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IHG has also recently announced the signing of two InterContinental hotels in two other markets in Europe - InterContinental Sofia, Bulgaria, and InterContinental Ljubljana in Slovenia, both of which are firsts in their markets.  As of the end of 2015, there are 32 InterContinental Hotels & Resorts properties in Europe and five in the pipeline.

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The two locally owned resorts join the Benchmark Resorts & Hotels brand as a result of the deal.

The survey is open through June 17 and results will be published in the August issue of Hotel Management. 

The combined company now will own and operate a portfolio of 40 hotels totaling more than 5,000 guestrooms.