Iconic Luxury Hotels acquires its first international hotel

2 min reading time

Published on 21/07/20 - Updated on 17/03/22

Venise hotel investissement

The Excelsior Venice Lido Resort is the first property located abroad to join the Iconic Luxury Hotels portfolio.

Belonging to the hotel investment and management company L+R Hotels, which owns more than 90 hotels with a total of approximately 17,000 rooms, Iconic Luxury Hotels is starting to grow internationally with a new hotel in Venice.

The property is located on the Lido of Venice, an island stretching over a dozen kilometers, between the island of the historic center of Venice and the Adriatic Sea, marked in particular by the presence of the beach, the Palace of the Cinema, and a Casino.

The hotel offers 196 rooms including 23 suites, a restaurant and 3 bars. Since 1932 it has hosted the Venice Film Festival, the oldest film festival in the world, every year in September.

Petra Deuter, Executive Director of Iconic Luxury Hotels, said :

“L+R Hotels is very pleased to announce that Iconic Luxury Hotels is going international this year with the inclusion of Hotel Excelsior Venice Lido Resort in Italy and hotels in Greece and the USA in 2021. We have ambitious plans for international growth and it’s an honour to welcome these hotels to start that journey. Over the next few years we will see our collection continue to grow worldwide as we further our reputation for sustainable hospitality – preserving the life of historic buildings like Hotel Excelsior - and creating memorable travel experiences. Each of our properties has its own stories, traditions and personality.”

By 2021, two properties will join the Iconic Collection, a new hotel complex in Mykonos, Greece, and the Palm House Hotel in Palm Beach, Florida.

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