Sbe announced the expansion of the iconic Delano brand to Europe. Delano Porto Cervo in Costa Smeralda, Sardinia Italy, expected to open by June 2023, represents the next stage of international growth for sbe and the Delano brand in one of the world's most idyllic and sought-after travel destinations. Sbe will take over and redevelop the existing property in partnership with private equity firm Quianto Capital and its strategic advisor and asset manager Enma Capital. With international expansion at the core of sbe's strategic growth plan, the company will add nearly 50 new hotels to its portfolio nationally and internationally by the year 2021.
Nestled into the sparkling seaside of famed Sardinian locale Costa Smeralda, the 68-room property will undergo a complete redevelopment and remodel in keeping with Delano's signature elevated style. Steps from the romantic white-sand beaches and dazzling marina of the Porto Cervo village, the destination has its roots in the rich Italian design of famed architect Luigi Vietti. The property will feature a world-class restaurant, lobby bar, pool bar, beach club, fitness studio and other hotel-related amenities developed as part of the hotel.
"I am delighted to partner with Enrico and Petra Meneghetti to deliver the iconic Delano brand to one of the most beautiful and intimate resort destinations in the European market. We couldn't have found a better partner to launch the Delano brand in Italy," said Chadi Farhat, sbe's Chief Operating Officer for the Middle East & Europe. "As we continue to scale our signature brands across the globe, we look forward to offering to the sbe tribe more of the creative, customized, and exclusive experiences for which sbe has made our name. At the heart of this new project is a modern, wellness-driven take on luxury and leisure, which we know our customers will enjoy upon its opening in 2023."
"We are very excited to be partnering with sbe", said Petra Hofer, CEO of Quianto Capital Limited. "We are looking forward to presenting the wealth of the place offered by Sardinia, as well as Delano's exclusive effortlessly chic hospitality, to create a unique world-class resort in Porto Cervo."
Enrico Meneghetti, CEO of Enma Capital & Partners Limited, said: "As a strategic advisor of Quianto Capital Limited during the investment selection process and subsequently of the operators, we chose Delano as a luxury hospitality partner to revive the worldliness and the true flavor of the origins of Costa Smeralda when it was frequented by the international jet set and added the maximum value to the unique culture, history and geography of Sardinia. Delano will play a key role in setting a new luxury hospitality standard that will meet the demand of minimal but exclusive Sardinian holidays and generate a shared and sustainable long-term growth for the surrounding region. It will be a unique place like the area in which it is located."