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Dorchester Group Buys Hotel Principe di Savoia in Milan

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- Cyprus's first couture hotel A refined, coontemporary boutique spa hotel set back from the bustle of Limassol. side setting reflects an aura of calm elegance. Hotel Principe Di Savoia, Milan The imposing neoclassical façade is home to the Hotel Principe Di Savoia the luxury five star hotel that dominates the Piazza della Repubblica. The hotel offers a combination of old fashioned opulence combined with the latest innovations in technology and design.

Credit Union The Dorchester Group, the London-based hotel property and management company wholly owned by The Brunei Investment Agency, the investment arm of the Government of Brunei, has announced that it has successfully completed the transaction to purchase the Hotel Principe di Savoia in Milan, Italy. The Hotel has been purchased from Starwood Hotels & Resorts Worldwide, Inc. and was part of their Luxury Collection brand. The Dorchester Group will also assume full management of the hotel which will be marketed by Leading Hotels of the World.

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class hotel located in the city center of Milan. This hotel is only 16 miles to Linate International Airport and 20 minutes to the central train station. Wonderful architectural solutions and soft harmonies characterize the interiors of the Rubens Hotel. This hotel is very convenient for the people who attend the meetings of the Fiera di Milano. With so many features, services and attractions to offer, the hotel is a great choice when visiting this historic, beautiful city.

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Jentzsch, Nicola, U.S. vs. Europe, European Credit Research Institute (ECRI Report No. June 2003) based company, privately owned by the Pritzkers of Chicago, one of America's wealthiest families. The Pritzkers also own the Hyatt Hotel chain. In 1981, the Marmon Group bought a large, failing amalgamation of businesses called Trans Union, which was into railcar and equipment leasing, water treatment, and international trade. It also had a credit bureau, a business that grew from a company called the Credit Bureau of Cook County.

By Card Credit Debt Debt Guide Hotel Principe di Savoia is ranked among the worlds best hotels and has an international reputation as one of the finest destinations in Europe, with exclusive services and an extensive spa facility.
The hotels Club 10 Fitness and Beauty Centre, situated on the top floor of the hotel, covers an area of 1,000 sq-m and includes an indoor heated pool with whirlpool, sauna, massage treatments and steam room. The beauty area presents a hairdressing salon and solarium, together with personalised treatments and exclusive products prescribed by the prestigious international cosmetic company `mise en beaut`, using the most advanced scientific research and technology currently available.

Kerzner has been responsible for the development of 21 hotels and founded both of southern Africa`s largest hotel groups, Southern Sun Hotels and Sun International South Africa.

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Active Credit Credit Guide Located on Milan`s Piazza Della Republicca, the five star deluxe Hotel Principe di Savoia originally opened in 1927 and was meticulously restored just over ten years ago. Of the 404 guest rooms and suites, the Presidential Suite is world-renowned. Located on the rooftop, the 490 sq-m suite comes complete with a private pool, Turkish bath, Jacuzzi, sauna, private lift and Terrace.

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Bad Car Credit Guide Loan Announcing the acquisition, Ricci Obertelli, Director of Operations for the Dorchester Group said, "The Hotel Principe di Savoia is, strategically, a fantastic acquisition for the Group. Milan is a gateway city that has long been high on the Dorchester Group`s list of priorities and, when a property as outstanding as this comes on the market, you do not hesitate. It meets our requirements in every way. The hotel has tremendous potential for a good financial return and enjoys a superb location in a key city for us.
It has a sense of tradition and history and is architecturally of interest. We have no doubt that the Dorchester Group`s loyal following of guests will appreciate what is, in all aspects, a perfect addition to our small collection of luxury hotels."
Obertelli went on to say, "We are delighted that Paolo Guarneri will continue in his position. He has been General Manager for the past 11 years and is a general manager with an excellent reputation internationally."

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Credit Definition Derivative The Dorchester Group was established in 1996 as an independent UK registered company to manage an evolving international collection of luxury hotels. The Dorchester Group is wholly owned by The Brunei Investment Agency, which is the strategic investment arm of the Ministry of Finance of the Government of Brunei and is charged with managing Brunei Government assets overseas.
The Dorchester Group collection of hotels consists of The Dorchester in London, The Beverly Hills Hotel in Los Angeles, the Hotel Meurice in Paris, the Hotel Principe di Savoia in Milan, all of which are owned and managed by the Group, and the Hotel Plaza Athenee in Paris, which is under a management contract to the Group.

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