Alvarelli Invest has appointed DTZ hospitality group to arrange the sale of the Grand Rose Spa Hotel in Kuressaare, Estonia. The Grand Rose Spa Hotel opened in 2007 after significant renovation of an historic hotel dating from 1902. Completed to high standards, the hotel consists of two seamlessly joined buildings and incorporates 65 individually designed bedrooms, a highly commended full-service 90-seat restaurant and an extensive leisure spa and sauna centre, one of the biggest facilities in the Baltics.
Alvarelli Invest has appointed DTZ hospitality group to arrange the sale of the Grand Rose Spa Hotel in Kuressaare, Estonia. The Grand Rose Spa Hotel opened in 2007 after significant renovation of an historic hotel dating from 1902. Completed to high standards, the hotel consists of two seamlessly joined buildings and incorporates 65 individually designed bedrooms, a highly commended full-service 90-seat restaurant and an extensive leisure spa and sauna centre, one of the biggest facilities in the Baltics.
'We have already received a number of enquiries for this first-class boutique spa hotel. The facilities appeal to both leisure and corporate guests which will ultimately help drive improved business performance. We expect to attract private investors as well as existing hotel companies who can further develop the successful business established by the current owners', said Richard Candey of DTZ hospitality group.
