The Dedica Anthology Hotels Explained

The Dedica Anthology
Logo Alt:Logo of The Dedica Anthology
Foundation:2018
Location:Milan, Italy
Locations:9
Industry:Hospitality, Tourism
Products:Hotels, Restaurants

The Dedica Anthology was a luxury hotel brand launched on 21 April 2018.

History

In 1978 the Boscolo Family opened its first Hotel in Sottomarina. During the following 40 years the business grew under the Boscolo Hotels brand and further openings and acquisition were made, including hotels in the main italian art cities (Rome, Florence, Milan[1]), Nice, Lyon, Budapest and Prague.

In 2017 Minneapolis-based global alternative investment firm Värde Partners acquired Gruppo Boscolo, becoming owner of nine Boscolo hotels.[2] [3] In 2018 five of the hotels were rebranded as The Dedica Anthology, with four initially becoming associate properties of the new brand. The brand encompasses five 5-star hotel properties and four 4-star associate properties, located in Italy and across Europe. The properties, previously part of Boscolo Hotels, were acquired by US-based private equity group Värde Partners, in association with Deutsche Bank, in 2017.[4] The brand was led by the hotelier Stephen Alden as CEO.[5]

Värde Partners sold The Dedica Anthology to Covivio in January 2019,[6] ; in 2020 all the hotels have been rebranded, some to NH Hotels and some to Anantara Hotels, Resorts & Spas.[7]

Notable hotels

These are their 5 star hotels:

Notes and References

  1. Web site: Italo Rota, Leo Torri · Boscolo Exedra Hotel . Divisare . 2018-06-02.
  2. Web site: Värde buys Boscolo Hotels for over €450m – Exclusive . perenews.com . April 20, 2017 . 4 July 2020.
  3. Web site: Värde Partners to sell luxury hotel group The Dedica Anthology . varde.com . January 6, 2020 . 4 July 2020.
  4. Web site: Värde acquires Italian luxury hotel group Gruppo Boscolo . live . https://web.archive.org/web/20180828085659/https://www.pehub.com/2017/04/va%CC%88rde-acquires-italian-luxury-hotel-group-gruppo-boscolo/ . 2018-08-28 . PE HUB Network . 2018-06-02.
  5. Web site: Press Release . The Dedica Anthology . 2018-06-02.
  6. Web site: Värde Partners to sell luxury hotel group The Dedica Anthology . propertyfundsworld.com . January 6, 2020.
  7. Web site: NH takes over Boscolo sites . Jan 7, 2020 . 4 July 2020 . https://web.archive.org/web/20200108211110/https://www.hotelmanagement.net/transactions/nh-takes-over-boscolo-sites . 2020-01-08 . live.