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Elliot and Blue Skye buy 75% of Hotel Bauer in Venice

Posted: 22 August 2017

The US fund Elliot and the London Financial Group Blue Skye bought 75% of the Bauer Hotel Group, owner of the prestigious Hotel Bauer in Venice on the Canal Grande.

The remaining 25% remains in the hands of the Bortolotto Possati family.

The new industrial plan envisages an investment of around 100 million, designed for the hotel to meet the highest international standards, and a hotel management contest.