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Europe Hotel Transactions Bulletin - Week Ending 28 May 2021
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Tenuta di Castelfalfi Estate in Tuscany to the family of
S P Lohia. Located equal distance from Florence, Pisa and Siena, the 1,100 hectare estate includes two hotels, six restaurants and bars, a 1,000 sqm spa, a 27-hole golf course and significant residential development potential. Acquired by TUI in 2007, the estate has been sustainably developed into a luxury resort during TUI´s ownership. The new owner plans to continue developing the estate and create one of the premier destinations in Tuscany.
HVS Hodges Ward Elliott represented the seller in the transaction