Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BERLIN-Locally based Kempinski Hotels & Resorts has landed a contract with the Sicilian public company Mediterranea Spa to manage a luxury hotel and wellness center on the island of Sicily. The Giardino di Costanza Grand Hotel & Spa in Mazara del Valla will be Kempinski’s first hotel in Italy.

The hotel is connected to the 19th Century Villa Fontanasalsa, a convention center. Kempinski will open the property in Spring 2004.

Kempinski Hotels & Resorts, Europe’s oldest hotel group, is owned by the Crown Property Bureau of Thailand. Founded in Germany in 1897, its portfolio is now spread throughout Europe, the Middle East, Africa, South America and Asia. In August, the company announced eight new management contracts on four continents, taking the company’s portfolio to over 50 owned or managed properties for the first time in its history. Eight Years ago, the company had less than 20 hotels in its portfolio.

Kempinski president/CEO Reto Wittwer says that after opening Giardino di Costanza Grand Hotel & Spa, “it will be time for the biggest and most luxurious hotel ever built in the world.” Wittwer is referring to the Bani Yas Palace in Abu Dhabi, UAE, which will open in late 2004. Set on a private beach, the Palace will offer sixteen restaurants, 390 rooms, the region’s largest conference center and two spas.

In October, the company signed a management contract for a deluxe five star hotel in Bangkok’s CBD, establishing the company’s operational presence in Thailand. Targeting the five-star leisure market, the Siam Kempinski Hotel is scheduled to open in December 2006. The complex will include serviced apartments, with private rooftop swimming pool, and will be linked to a luxury shopping development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.