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Rosewood has signed a management agreement with Gruppo Statuto
for a luxury hotel in Milan, Rosewood’s fourth property in Italy.

Scheduled to open in 2025, Rosewood Milan will be well situated
on the edge of the Quadrilatero della Moda, the city’s fashion
district, just steps away from the famous shopping boulevard Via Montenapoleone
which is lined with iconic luxury boutiques, antique shops
and bustling cafés.

With 70 rooms, including approximately 20
suites, the property will encompass the historic and iconic
Palazzo Branca and Palazzo della Banca Commerciale built in the
19th century and formerly home to the Italian Commercial Bank.

“We are thrilled to partner with a brand such as
Rosewood to bring these historic buildings back to life,” said
Giuseppe Statuto, Chairman of Gruppo Statuto. “By merging our
shared experiences and philosophies, we know this hotel will
become an immediate icon of high hospitality in Milan, a
trend-setting city that increasingly stands out in the world as an unmissable destination for international travelers and locals
alike.”

Rosewood Milan will be home to a bar and
restaurant with a courtyard and garden, as well as an Asaya
wellness facility with three treatment rooms, an indoor pool and
fitness center.

The renowned Parisian firm Studio K.O. will
oversee the design.

“This development comes with great
excitement as we continue our growth in Europe and Italy
specifically,” said Sonia Cheng, chief executive officer at
Rosewood Hotel Group. “Rosewood continues to expand to
destinations where we know our ‘affluential explorer’ guests want
to travel. With all its culture and vitality, Milan ticks all the
boxes for a Rosewood urban location and it will round out our
portfolio of global fashion capitals where Rosewood has a
presence, including our iconic properties in New York, Paris and
London.”

The hotel in Milan follows Rosewood’s recent
signings in Rome and Venice. The three projects will join
Rosewood’s Italian estate resort, Rosewood Castiglion del Bosco in
Tuscany.

washingtonpost

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