EMEA: Luxury group Rocco Forte Hotels is no longer affiliated with investment and asset management firm Emerald Pine Capital will expand throughout Europe and the Middle East.
Together, Rocco Forte will work with Emerald Pine to pursue repositioning opportunities, value-add and development in gateway cities and highly-demanded leisure destinations.
It will expand on the current 15 hotels and resorts, villas, residences, and residences that are spread across Europe. The Carlton Milan It is scheduled to open 6 November and will be the second hotel for the brand in the city.
Charles Forte, Director of Development at Rocco Forte Hotels“I’m pleased to be able announce our partnership and am confident that Emerald Pine Capital’s years of experience in the financial industry and their strong reputation will strengthen our existing team as well as our expansionary efforts throughout Europe.”
Fabrizio GRENA, founder partner and CEO at Emerald Pine Capital, said: “As luxury hospitality continues to evolve we are pleased to partner with Rocco forte to provide a unique combination of expertise to our partners and clients. This collaboration is a reflection of our commitment to creating long-term, sustainable value in the hospitality industry. “We look forward to working closely with our aligned partners as we embark on this exciting adventure.”
Highlights:
• Rocco Forte Hotels has entered into a strategic partnership with Emerald Pine Capital for Europe and Middle East expansion.
• Target locations include gateway cities and high-demand leisure destinations.
• The partnership aims for repositioning, value-add, and development opportunities.
• Rocco Forte’s current collection includes 15 luxury properties with The Carlton Milan opening later this year in November.
