UK-based resort proprietor and developer Molo Lodge Group is to overtake its first acquisition in mainland Europe.
The agency now owns Lodge Alexandra in Rome, Italy, situated on the well-known Through Veneto, which was featured in Fellini’s 1960 movie, La Dolce Vita.
As with all Molo properties, Lodge Alexandra shall be operated by Lighthouse Lodge Administration, and plans are at present afoot to start main refurbishments on the resort, permitting for upscale repositioning.
Ross Morrow, MD of Molo Lodge Group, stated: “We’re delighted to finalise the acquisition of the Lodge Alexandra. A gorgeous constructing in historic environment. We’re excited by the plans to refurbish the property and to increase the Lodge Alexandra’s illustrious historical past.”
Stephen Bench, MD of Lighthouse Lodge Administration, added: “The Lodge Alexandra marks an essential milestone for Lighthouse. Our first resort in mainland Europe brings many alternatives and we are able to’t wait to create a first-class resort expertise on Through Veneto.”
Worldwide imaginative and prescient
Lodge Alexandra is Molo’s first acquisition in continental Europe, following final years’ buy of the Manchebo Seaside Resort and Spa in Aruba, including to its present sturdy presence within the UK.
Rome continues Molo’s pattern to amass or develop in key locations akin to Edinburgh, Liverpool, and Manchester, with additional acquisitions deliberate in Europe and the Caribbean.
Within the pipeline
The growth is a part of the group’s bold plans for 2023, which incorporates three properties at present underneath development and scheduled to open by spring, alongside the 4 inns that are at present owned by the group.
In a pre-opening section at present is a twin IHG Accommodations & Resorts group-branded web site in Liverpool, UK. With Molo because the proprietor of each properties, Lodge Indigo Liverpool Ropewalks and Vacation Inn Categorical Liverpool Ropewalks will respectively convey 130 and 257 keys to the English metropolis.