Published 1 day ago • loading... • Updated 1 day ago

Hotel101 Global Announces a Joint Venture with Definitive Binding Agreements Signed for the Development of Hotel101 in Milan, Italy

Hotel101 Global Holdings Corp. announced a joint venture to develop a 429-room condotel in San Donato Milanese, Milan, as disclosed in a press release.
Hotel101's standardized condotel model advances its European expansion strategy by bringing tech-enabled units to Milan, projecting EUR85.8 million in sales revenue and targeting 429 rooms.
The 1.4 hectare site in San Donato Milanese offers high visibility along the Autostrada del Sole and quick transfers to Milan Linate Airport — approx. 7.1 kilometers, complementing the nearby 436-room Crowne Plaza Milan Linate.
The project is expected to be completed by 2028 and to contribute to Milan's economic growth through job creation, foreign investment and increased tourism while offering 4-star amenities and Hotel101 standard facilities.
The development remains subject to regulatory approvals, and HBNB cautions that forward-looking statements involve risks alongside nine Hotel101-branded properties in the Philippines and a May 2025 agreement with Horizon Group .

Insights by Ground AI

14 Articles

Globe Newswire

+13 Reposted by 13 other sources

Center

Hotel101 Global Announces a Joint Venture with Definitive Binding Agreements Signed for the Development of Hotel101 in Milan, Italy

HOTEL101-MILAN IS SET TO HAVE APPROX. 429 ROOMS TO RISE IN A 1.4 HECTARE PRIME SITE AT SAN DONATO MILANESE, ABOUT A 7-MINUTE DRIVE TO THE MILAN LINATE...

1 day ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year