Red Circle Investments, the holding company of the founder and president of Diesel Renzo Rosso, invests in Cortina d’Ampezzo by taking over the ownership of the Hotel Ancora, founded in 1826 and under renovation. The reopening is scheduled for Christmas 2020 and the investment would be around 20 million euros. The Red Circle portfolio also includes the Pelican hotel in Miami Beach, with 30 suites, and the Chiltern Firehouse in London.

***

Click here to visit Michele Franzese’s world. New SS20 arrivals: register, subscribe to newsletter and get discount coupon up to 30%!