Bain Capital Credit and Omnam Group have signed a deal with Marriott International to bring its Edition Hotels brand to Lake Como.
Bain and Omnam bought the Hotel Britannia Excelsior on the shores of Lake Como for an undisclosed amount in October last year through a fund managed by Kryalos SGR.
The newly developed Lake Como Edition is slated to open in 2025 with 145 guest rooms, including two penthouse suites, a lobby bar, a floating pool, with multiple restaurants and bars overlooking Lake Como. The property, which is in a 19th century building, will be converted into a luxury lifestyle destination.
What they said
Fabio Longo, managing director, Bain Capital Credit, said: “We are delighted to launch The Lake Como Edition with Omnam and Marriott International. We seek to invest in under-penetrated real estate markets and the EDITION brand fills a gap in core leisure markets for differentiated luxury lifestyle hotels and enhances our real estate portfolio in Europe.”
David Zisser, CEO, Omnam, said: “We look forward to bringing the Omnam flair to this unique location and celebrating the natural beauty of Lake Como. This is Omnam’s fourth development in Italy and, as always, our team strives to create new experiences while remaining true to the special heritage of our surroundings. Our goal is to create sophisticated luxury that invites everyone to experience and enjoy. Together with Bain Capital Credit, we are excited to team up once again with Marriott International and to bring this vision to life.”
Josh Fluhr, senior vice president and managing director, Edition Hotels, Marriott International, said: “We are excited to work with Bain Capital Credit and Omnam Group to introduce the Edition Hotels brand to one of Italy’s most beautiful destinations. Today’s signing demonstrates guests continued demand for luxury accommodations and experiences.”