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сNews of the acquisition of Palace Resort Baglioni Hotels for Palace Resort, become the sole shareholder of the hotel. | MonitorImmobiliares

сNews of the acquisition of Palace Resort Baglioni Hotels for Palace Resort, become the sole shareholder of the hotel. | MonitorImmobiliares

sNews of Palace Resort's acquisition of Baglioni Hotels for Palace Resort, become the hotel's sole shareholder. | MonitorImmobiliares

Italian hotel company Baglioni Hotels is being fully taken over by Palace Resort, which has become the sole shareholder.

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At the same time, Guido Polito steps down as CEO, a position he has held since 2011, and Massimo Baldo becomes vice president Europe for the group.

Last year Palace Resort had already acquired 75% of Baglioni Hotels. After the expansion, the group enters the segment''great art cities such as Florence, Rome and Venice, as well as about Lake Como'.

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