London-based hotel group to run luxury Rome hotel
The luxury Hotel Eden in Rome was bought by London's Dorchester Collection on 18 September in a deal worth an estimated €105m.
The Dorchester Collection, a luxury hotel group controlled by the Sultan of Brunei, said it plans to renovate the 121-room hotel. The group bought the landmark Rome hotel from Britain-based Starman Hotels, which was established as a joint venture between Starwood Capital Group and Lehman Brothers in 2005.
Located on Via Ludovisi between Via Veneto and the Spanish Steps, the five-star Hotel Eden was built in 1834 and converted into a hotel in 1889. Over the years it has hosted members of royalty, heads of state and Hollywood celebrities, with penthouse suites starting at €5,000 per night.
This is Dorchester’s second acquisition in Italy, after it bought Milan's Hotel Principe di Savoia in 2003 for €275m. It now owns ten luxury hotels in Europe and Los Angeles.