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ASTORIA


Astoria new 2
Astoria new 3
Astoria new 4
Astoria new 5
Astoria new 1

Details


Amount: € 22 M

Country: Austria

Opportunity: Purchase or Equity

Status: Planning of Refurbishment

Description


  • Revenue Model: Hotel Operations
  • Residences: 50
  • Facilities: Restaurant & Spa
  • Concept: Ski in & out luxury hotel
The Grande Dame and one of the most scenic of the Hotels in that region, was built in 1913 by Angelo Comini in the popular "Belle Époque" style and it was known under the name of “Villa Windischbauer”. Alfred Bally bought the villa in 1925, renamed it “Hotel Astoria” and made massive architectural changes. “Astoria” since 1937 has 6 floors and 50 rooms with a net area of 2.764 m2. The hotel is since 2002 under monument protection.

The renovation concept of the Astoria is to prepare it for a 12 month operation and convert the existing rooms into residences that can be split into hotel rooms and suites so that it can be applied to a sale and leaseback model.

Having a philosophy of complete transparency and 360 degree communication channels, we will continuously and persistently work to provide you real time updates concerning your investment. Should you like to take on the opportunity to invest in this project please do not hesitate to contact us.