Deals
Iconic Italian Hotel Resort Acquired by London Investment Firm
- Centricus buys Capri Palace Hotel & Spa for an undisclosed sum
- Resort counts Oprah Winfrey and Gwyneth Paltrow among guests
Capri Island, Italy.
Photographer: LukeWaitPhotography/iStockphoto via Getty Images
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Centricus has acquired the iconic Capri Palace Hotel & Spa as it makes a foray into the high-end hotel and resorts sector.
Centricus, a London-based investment firm that oversees more than $23 billion in assets, has purchased all of the resort, which is located in Anacapri, a small town in the northwest of the island off the Italian coast, according to a statement seen by Bloomberg. It features 68 guest rooms and is home to Capri’s only two Michelin-starred restaurants. Guests have included Oprah Winfrey, Leonardo DiCaprio and Gwyneth Paltrow.