from Reuters (11/25):
Italy's luxury Baglioni Hotels get personal as eye growth
Tue Nov 25, 2008 5:34pm EST
By Jo Winterbottom
"MILAN, Nov 25 (Reuters Life!) - As the credit crunch bites into travel spending, an Italian luxury hotel group has embarked on a plan to almost double by 2012, using niche offers that include jewellry consultations or meetings with opera singers.
Italy's Baglioni Hotels group, which has 14 boutique hotels in Italy, France and Britain, is eyeing growth outside Europe aided by a 30 million euros ($38.62 million) investment from Sator, a private equity group headed by Italian banker Matteo Arpe." ...
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