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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.
“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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“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”