Baglioni Hotels & Resorts Announces Strategic Financial Partnership With Palace Resorts

November 14, 2022

Milan, 14 November 2022 – Baglioni Hotels & Resorts, the leading Italian hotel company with  presence in Rome, Florence, Milan, Venice, Sardinia, Apulia, London and Maldives, is pleased to  announce a strategic financial partnership with the Mexican company Palace Resorts, the Luxury  Resort Powerhouse. This structured initiative includes Palace Resorts becoming the majorirty  shareholer of Cogeta Spa - holding company of Baglioni Hotels & Resorts - acquiring 75% of the  company. Guido Polito will remain CEO of the Italian group to give continuity to the great work done so far  by leading the expansion of the companies ...