MIO Hotel Venice

WHY INVESTORS SHOULD CONSIDER BUYING THE HOTEL

• Hotel operators: the hotel is currently well managed by the owner and without additional capital investment by new owners, it can continue to operate as a boutique hotel

• Real estate investors: implementation of the core strategy alongside a leading hotel operator with a lease or management contract

• Location: the hotel is found in the district of San Marco, the area which presents the greatest tourist flow in the city of Venice.

• Limited growth of new hotels in the district of San Marco, due to restrictions imposed by the municipality

• Quality asset: the hotel is in excellent conditions

HOW INVESTORS CAN BUY THE HOTEL

• Type of operation: sale of all shares. The acquiring company purchases the MIO Hotel Venice srl company’s stock from its shareholders.

• Seller price expectation: 14,5M €, 480K € per key

• Capital expenditure for renovating: not necessary

The hotel is found in the district of San Marco, the area with the greatest tourist flow in the city of Venice. The main sights are the famous Piazza San Marco, with the basilica and the bell tower, the Palazzo Ducale and the Correr Museum. This area features many bars, restaurants and boutiques of the most prestigious brands. Among the most notable hotels are the Bauer Palace, The St. Regis Venice, The Gritti Palace and Baglioni Hotel Luna.

About 30% of all the hotels and rooms in the city are in this district. It is even the area with the highest estate values. International chains Marriott and NH, the national ones Baglioni, Sina and Starhotels are located there.

The current hotel offer is the following:

• 5 luxury & upper upscale hotels

• 33 upscale hotels

• 35 midscale hotels

• 9 economy & budget hotels

Limited growth of new hotels due to restrictions imposed by the municipality.