Information on the target
Levanto has successfully acquired the remaining 46.4% stake in Visconti Cesi, the owner of the Le Méridien Visconti Rome, thereby achieving full ownership of the company. The acquisition, completed at the end of July 2026, is valued between €15 million and €25 million. This transaction was executed through a competitive online auction as part of the restructuring plan for Silvano Toti Holding, a prominent Roman construction and real estate group, which has been undergoing a court-approved reorganization since October 2025.
Visconti Cesi operates the historic four-star Le Méridien Visconti Rome, featuring 240 rooms and suites located in the Prati district, strategically situated between the Vatican and Piazza di Spagna. In its most recent fiscal year, the hotel reported revenues of approximately €23 million, with an EBITDA of around €9 million. With this acquisition, Levanto consolidates its control over a significant asset in the heart of Rome, amidst a market environment that continues to attract capital and high-end renovations in the hospitality sector.
Industry overview in the target’s specific country
The luxury hotel industry in Italy, particularly in Rome, has shown remarkable resilience and growth potential, driven by a steady influx of international tourists and a strong domestic market. Rome, as a historical and cultural hub, attracts millions of visitors each year, making it one of the most sought-after destinations for luxury accommodations. The city's rich heritage, combined with its world-renowned landmarks, positions it favorably within the global luxury hotel market.
In recent years, the luxury hotel segment in Italy has experienced a renaissance, with significant investments in property renovations and the introduction of new high-end brands. This trend is fueled by the increasing demand for unique and personalized experiences among affluent travelers. Hotels are now focusing on offering bespoke services, gourmet dining options, and exclusive amenities to cater to the evolving preferences of their clientele.
Moreover, the Italian government has implemented various initiatives to promote tourism, including infrastructure improvements and marketing campaigns aimed at attracting high-spending tourists. The luxury hotel sector has benefited from these efforts, as evidenced by rising occupancy rates and average daily rates (ADR) across the market. As a result, the outlook for luxury hotels in Italy remains positive, with expectations of continued growth in both domestic and international travel.
Additionally, the ongoing trend towards sustainability and eco-friendly practices is influencing the luxury hotel industry in Italy. Many establishments are adopting green initiatives, such as energy-efficient systems and locally sourced materia…