Has Bill Gates lost the challenge for the Italian jewel? What happened – RB

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Has Bill Gates lost the challenge for the Italian jewel? What happened – RB

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Did Bill Gates lose the challenge for the Italian jewel? What happened – RB

Has Bill Gates lost the challenge for the Italian jewel? What happened – RB We have explained the details of the news, step by step, below. Has Bill Gates lost the challenge for the Italian jewel? What happened – RB Keep reading our news. Here are all the details on the subject.

Did Bill Gates lose the challenge for the Italian jewel? What happened – RB

In recent days we have told you about an agreement to buy one of the most famous luxury hotels in Venice, the Danieli , by the tycoon Bill Gates , founder of Microsoft and known to be one of the wealthiest men in the world. The news had already been reported incorrectly, considering that the hotel would not have come into direct possession of the entrepreneur, but of his group Four Seasons Hotels and Resorts .

Today, however, it has been denied. So let’s see what is true and what will be the future of what has now become the most famous accommodation facility in the Lagoon.

Bill Gates loses the challenge for the hotel from Venice? What happened

In the 2022 Hotel Danieli, located on the Riva degli Schiavoni in Venice, at 4196, celebrated the 200 years of activity. It is the oldest hotel in the Serenissima, and during its two centuries of opening it has hosted blue-blooded characters, celebrities, politicians and some of the most famous entrepreneurs in the world in its luxurious rooms.

For some time there has been talk of its transfer of ownership, and due to its characteristics it is actually one of the most coveted tourist establishments in Italy. Just 200 meters from Piazza San Marco, it is composed of three separate buildings, dating back to the fourteenth, nineteenth and twentieth centuries, connected by covered bridges.

The rooms of the 5 star extra luxury are equipped with everything, with bathrooms in pure Italian marble. Some, the most requested and expensive, have windows that overlook the lagoon. Guests can then enjoy the panoramic restaurant Terrazza Danieli and the sophisticated Bar Dandolo.

Does Bill Gates lose the challenge for the Venice hotel? What happened

Today the hotel is part of the portfolio of the Gruppo Statuto , which bought it in 2005 from Starwood for 242 million $, with a loan of 170 million divided between three banks.

The debt was due in 2022, but due to the setbacks suffered with the lockdown of 2020, new bonds have been issued which will allow a refinancing of 330 million $ by issuing a bond loan. Among other things, the operation provides for the renovation of the buildings of the Danieli hotel with 30 million $.

Bill Gates loses the challenge for the Venice hotel? What happened

So what does Bill Gates have to do with the future of the Venetian 5-star? We know that Four Seasons Hotels and Resorts already manages several Italian structures, also owned by the Statuto Group. Who however explained that the management contract with the Mariott Group , which has included the Danieli in its Luxury Collection , “Is fully operational, and will continue regularly until its expiration”.

In short, if there were actually negotiations with Bill Gates’ company, they did not go through. And in any case, they never concerned the property of the hotel, but only the management. However, it still remains firmly in the hands of the American competitor Mariott, at least until the closure of the agreements .

If you are curious to know how much it costs to stay in the super hotel in Venice, here is the rate list of the Hotel Danieli, with the prices of the suites and ordinary rooms. But the Windows tycoon wasn’t totally dry-mouthed. Here are the details of Bill Gates’ agreement with $pe and here his millionaire projects on synthetic meat.

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