International law firm Watson Farley & Williams (“WFW”) advised Salute Hospitality Group (“SHG”) on the review, negotiation and signing of its management and service agreements with the Italian subsidiary of Melia Hotels International S.A. (“Melia”), regarding running their new five-star and four-star hotels in Venice and Rome respectively.
SHG is a growing Italian hotel management company with an existing portfolio of ten hotels located in prime tourist and business destinations across Italy.
Meliá Hotels International is Spain’s leading hotel group and one of the largest worldwide, with more than 370 hotels (current portfolio and pipeline) in 40+ countries on four continents.
The WFW Italy corporate team advising SHG was led by Partner and Head of WFW Italy Eugenio Tranchino, assisted by Counsel Luca Sfrecola and Associate Cristina Betti.
Top Italian hotel consultancy Rinascimento e Valori also played a key role in the transaction.