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Rome EDITION Hotel – Image Credit EDITION Hotels
Global Hospitality Investment Group announced the successful closing of a €96m senior secured notes issue to refinance The Rome EDITION. The financing was structured with a London-based, credit-focused hedge fund.
This strategic financing allows Gruppo Statuto, the owner, to refinance its existing development loan. Following the hotel’s successful opening in Summer 2023, this new facility provides the necessary long-term financial stability to optimise The Rome EDITION’s operations and maximise its market value.
The Rome EDITION features 93 guest rooms and suites (including 19 expansive suites), each showcasing the signature stylish modern decor and meticulous detailing of legendary hotelier Ian Schrager. The hotel offers an array of exceptional amenities, including: Anima, an indoor/outdoor Italian restaurant; the award-winning Punch Room, a sophisticated speakeasy bar; the elegant Jade Bar, crafted from marble; The Roof, a unique rooftop bar with a stunning swimming pool; and a 24-hour state-of-the-art gym and luxurious treatment rooms. Situated in a prime location, The Rome EDITION is just steps from iconic landmarks such as Via Veneto, Piazza Barberini, the Spanish Steps, the Trevi Fountain, and the Borghese Gardens.
Gruppo Statuto was advised by Three Stars Capital Partners (led by Mauro Savoia).
James Gibbs, Managing Director & Head of Europe at GHIG, commented: “We are pleased to support Gruppo Statuto with the refinancing of The Rome EDITION. This flexible financing solution is designed to ensure the continued success of such a trophy property in one of Europe’s leading leisure markets. Our team leveraged its operational expertise and deep understanding of the local market to thoroughly assess the hotel’s robust business plan, enabling us to provide a highly compelling and tailored structure for the borrower.”
Sebastien Gottraux, Vice President at GHIG, said: “This transaction marks GHIG’s first deal in Italy after many years of exploring the market for the right opportunity. We are delighted to be involved with a landmark asset like The Rome EDITION and are eager to remain active in the Italian market, pursuing both acquisition and financing opportunities.”
