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Management Agreement for 7 Hotels in Italy |
Milan, 19th September 2005 � Domina Hotel Group has completed an agreement
with Domina Vacanze S.p.A. to manage 6 hotels under its mid-scale Domina
Inn Hotels brand and 1 hotel under its upper-scale Domina Hotels &
Resorts brand. All properties are located in Italy.
�We are convinced that Domina Hotel Group will definitely affirm its business platform in order to set a great future for our hotels� commented Giorgio Facchini Chairman of Management Board and Chief Financial Officer of Domina Vacanze S.p.A. �Therefore the agreement signed with Domina Hotel Group is an important step for the development plans of Domina Vacanze� �Domina Vacanze has demonstrated its faith in Domina Hotel Group�s management abilities and the growing strength of our portfolio of global brands. � said Francesco Borrello, Chief Executive Officer of Domina Hotel Group. �We are delighted to bring these 7 hotels into the Domina Hotel Group family and to add new destinations to our Domina Inn and Hotels & Resorts brands�. Management agreement include:
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Contact:
Olivia Durazzo,
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