Mandarin Oriental Hotel Group has announced that it has taken over management of CastaDiva Resort & Spa, an existing resort on Lake Como, Italy. The property will be rebranded as Mandarin Oriental, Lake Como in spring 2019 following a refurbishment of facilities. This will be Mandarin Oriental’s first resort in western Europe and will complement the Group’s Milan hotel.
Located on the shores of Lake Como, and surrounded by lush botanic parkland, the resort is a landmark of historic importance, comprising 76 spacious rooms and suites housed in nine villas, dating from the 19th Century. Two of the villas will be bookable in their entirety giving guests their own private retreat. Almost all accommodation has lake views that can be enjoyed from either a balcony or terrace. The resort features four restaurants and bars, including a lakeside terrace for al fresco dining, a large spa with an indoor swimming pool and an outdoor floating pool on the lake. There is also a variety of social and meeting facilities in the resort’s grounds.
“We are delighted to be extending the Mandarin Oriental brand to the shores of Lake Como which has long been a destination of choice for luxury travellers. We look forward to bringing the Group’s exemplary service to the resort and to working with our partners to create one of Italy’s most exclusive properties,” said James Riley, Group Chief Executive of Mandarin Oriental Hotel Group.
CastaDiva Resort & Spa was acquired in 2017 by funds managed by Attestor Capital LLP.
Attestor Capital LLP is a value-oriented investment manager with a long-term investment horizon. The Attestor Capital LLP team is based in London and is primarily focused on investing in Europe.
Source : Company