Room00 targets a dozen assets in Rome within two years
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Room00 Group is speeding up in Rome with two new assets that take its portfolio in the Italian capital to four properties, according to Hosteltur. The company has set an ambitious target: hit a dozen properties in Rome within two years. The new spaces will operate under two brands:
The deal was structured through the Kryalos Room00 Fund, managed by Kryalos SGR, with financing from UniCredit. The Letoh hotel is located in Largo To (the full address is not detailed in the source).
My take: Room00 knows Rome is a magnet for young, digital-savvy travelers and is going for a mixed model (premium hostel + boutique) that covers two fast-growing demand segments. Whether they hit twelve depends on their ability to sign management agreements and keep the fund flowing. The Roman market is expensive and competitive, but with UniCredit backing them, they have the firepower.
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