Mexico’s Palace Resorts has acquired Italian hotel group Baglioni Hotels & Resorts, which operates several properties in European cities.
The deal will see Guido Polito continue as Baglioni’s CEO to lead the company’s expansion in Europe, Asia and the Middle East.
Baglioni operates upmarket hotels in London, Venice, Florence and Rome, which will be joined by Casa Baglioni Milan in January 2023. It also has resorts in Sardinia, Puglia and…
