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The Dedica Anthology Hotels

From Wikipedia, the free encyclopedia

The Dedica Anthology
IndustryHospitality, Tourism
Founded2018
HeadquartersMilan, Italy
Number of locations
9
ProductsHotels, Restaurants
Websitewww.dahotels.com

The Dedica Anthology is luxury hotel chain launched on 21 April 2018.

History

In 1978 the Boscolo Family opened its first Hotel in Sottomarina. During the following 40 years the business grew under the Boscolo Hotels brand and further openings and acquisition were made, including hotels in the main italian art cities (Rome, Florence, Milan[1]), Nice, Lyon, Budapest and Prague.

In 2017 Minneapolis-based global alternative investment firm Värde Partners acquired Gruppo Boscolo, becoming owner of nine Boscolo hotels.[2][3] In 2018 five of the hotels were rebranded as The Dedica Anthology, with four initially becoming associate properties of the new brand. The brand encompasses five 5-star hotel properties and four 4-star associate properties, located in Italy and across Europe. The properties, previously part of Boscolo Hotels, were acquired by US-based private equity group Värde Partners, in association with Deutsche Bank, in 2017.[4] The brand is led by the hotelier Stephen Alden as CEO.[5]

Värde Partners sold The Dedica Anthology to Covivio in January 2019,[6] and the hotels will all be rebranded to NH Hotels.[7]

Notable hotels

These are their 5 star hotels:

  • Palazzo Naiadi Hotel, Rome, formerly Boscolo Exedra Roma
  • Grand Hotel Dei Dogi, Venice, formerly Boscolo Venezia, before that Boscolo Dei Dogi
  • New York Palace Budapest, Budapest, formerly Boscolo Budapest Hotel, before that Boscolo New York Palace
  • Carlo IV, Prague, formerly Boscolo Prague, before that Boscolo Carlo IV
  • Palazzo Gaddi, Florence, formerly Hotel Astoria (reopening in 2020)
  • Hotel Plaza, Nice, formerly Boscolo Plaza (reopening in 2020)

References

  1. ^ "Italo Rota, Leo Torri · Boscolo Exedra Hotel". Divisare. Retrieved 2018-06-02.
  2. ^ "Värde buys Boscolo Hotels for over €450m – Exclusive". perenews.com. April 20, 2017. Retrieved 4 July 2020.
  3. ^ "Värde Partners to sell luxury hotel group The Dedica Anthology". varde.com. January 6, 2020. Retrieved 4 July 2020.
  4. ^ "Värde acquires Italian luxury hotel group Gruppo Boscolo". PE HUB Network. Archived from the original on 2018-08-28. Retrieved 2018-06-02.
  5. ^ "Press Release". The Dedica Anthology. Retrieved 2018-06-02.
  6. ^ "Värde Partners to sell luxury hotel group The Dedica Anthology". propertyfundsworld.com. January 6, 2020.
  7. ^ "NH takes over Boscolo sites". Jan 7, 2020. Archived from the original on 2020-01-08. Retrieved 4 July 2020.

External links

This page was last edited on 4 July 2020, at 17:03
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