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H.n.h. Hotels & Resorts Spa takes over the management of the Hilton Garden Inn Milan Malpensa

H.n.h. Hotels & Resorts S.p.A. has signed a five-year contract with Aquileia Capital Services S.r.l. for the management of the Hilton Garden Inn Milan Malpensa, a 4-star hotel in Somma Lombardo, Varese.

The Hotel, strategically located near Malpensa Airport and the city of Milan, boasts 207 rooms and can host conferences for up to 400 people. In fact, the property falls under the travel business market segment, providing business travelers with specialized services.

Aquileia Capital Services S.r.l. (formerly Heta Asset Resolution Italy) has chosen to entrust the management of the property near Malpensa to the experience and know-how of H.n.h. Hotels and Resorts, in order to boost the Hotel’s economic performance in respect to revenues and occupancy and achieve the goals set. 

Thanks to this agreement, H.n.h. Hotels and Resorts, which already manages 10 hotels in the Northeast of Italy, will open up to Milan’s hotel market and to an international context, seeing as Malpensa is Italy's second busiest airport by total number of passengers per year.

The newly signed contract is part of the development plan that the Company drew up following the entry of Siparex - a private equity manager active in France, Italy and Spain - which in February 2017 invested over 8 million Euros in H.n.h. Hotels and Resorts, bringing new financial resources that will enable growth at national level.

Luca Boccato, CEO of H.n.h. Hotels & Resorts S.p.A., said: "The Hilton Garden Inn Milan Malpensa is a great opportunity for our Group. We have embraced this double challenge with enthusiasm from the very beginning: not only it is our first pure management contract, which offers the opportunity to put into practice the effectiveness of our well- tested business model, but it is also our first opportunity to work with an international brand like Hilton, with whom we are already planning future openings. "

Hilton Garden Inn

Hilton Garden Inn® is the award-winning, upscale, yet affordable hotel brand that enables travelers to discover and connect while on the road. With more than 686 locations worldwide, inviting social spaces, and high-end amenities, it ensures you'll have a great stay at an even greater value.

Hilton

Hilton is one of the largest and fastest growing hospitality companies in the world, with more than 4,900 properties comprising over 800,000 rooms in 104 countries and territories. In the nearly 100 years since founding, Hilton has defined the hospitality industry and established a portfolio of 14 world-class brands, including their flagship Hilton Hotels & Resorts brand, which is the most recognized hotel brand in the world. 

Data news: 
Monday, 29 May, 2017