Feb 2025
Invel provides €111.2 million financing to help transform iconic Hotel Majestic Rome into Baccarat Hotel Rome
The financing will support the redevelopment of an 87-key ultra-luxury hotel on Via Veneto, introducing the Baccarat Hotels & Resorts brand to Rome’s high end hospitality market
Rome, 26 February 2025 – Invel Real Estate, a leading player in the real estate private equity market, has provided €111.2 million in financing to support the transformation of the former Hotel Majestic into Baccarat Hotel Rome, an ultra-luxury hotel set to redefine hospitality on Via Veneto, one of the city’s most prestigious addresses.
The landmark property, originally opened in 1889, is undergoing a comprehensive refurbishment, in partnership with globally renowned interior designer. Upon completion in late 2026, Baccarat Hotel Rome will offer 87 exquisitely designed rooms and suites, a beautiful, terraced restaurant looking over Via Veneto, the classic charm of the Grand Salon and a rooftop bar/lounge with panoramic views of the Eternal City.
Invel has a proven track record in the hospitality sector, with approximately 2,000 keys under management across the Mediterranean through its vertically integrated operating platform specializing in upscale hospitality.
Baccarat Hotels & Resorts, operated by SH Hotels & Resorts (soon to be Starwood Hotels), is synonymous with timeless elegance, craftsmanship, and exclusivity. The brand’s arrival in Rome, following its success in New York, will establish a new benchmark for luxury in the city’s hospitality market.
“This transaction exemplifies Invel’s ability to finance best-in-class real estate assets in Southern Europe’s most sought-after locations,” said Gabriele Magotti, Chief Investment Officer of Invel Real Estate. “Baccarat Hotel Rome combines an unbeatable location, an iconic brand, and an exceptional design concept, making it one of the most compelling luxury hospitality investments in the region. We are proud to support this transformation and confident in the long-term value creation it will deliver.”
Construction is already underway, with the hotel set to open by the end of 2026. Baccarat Hotel Rome will stand as a symbol of timeless sophistication and modern refinement, further strengthening Rome’s position as a leading luxury destination.