Sansiri Capital Acquires Lake Como EDITION for €230M

Sansiri Capital, the investment arm of Thai developer Sansiri, has completed the acquisition of The Lake Como EDITION in Cadenabbia (Lake Como, Italy) for €230 million through its Sansiri Capital Trophy Fund. The seller is a fund managed by Kryalos SGR and backed by Bain Capital and Omnam Group. The acquisition is financed with a €165 million loan from Bangkok Bank.

Transaction details: total price, €230M · price per key, €1,554,054 · 148 rooms.

Parties: buyer, Sansiri Capital · seller, fund managed by Kryalos SGR, backed by Bain Capital and Omnam Group.

History: opened as a hotel in 1830 under the name London and later became the Grand Hotel Britannia Excelsior. In October 2021, Bain Capital Credit and Omnam Group acquired it from Doros Real Estate for approximately €50M, according to Italian press; after a renovation started in April 2022, which reduced the number of rooms from 287 to 148, it reopened in March 2026 as The Lake Como EDITION, a Marriott brand.

Analysis: the transaction brings Asian capital to the luxury Italian lakes market with a 148-room EDITION-branded hotel in one of Italy's most sought-after luxury destinations. HotelVALORA, as a hotel investment intelligence and valuation platform, monitors daily transactions to keep industry information up-to-date.

Sources: Hospitality Net, Milano Finanza, BeBeez, Kaohoon International, and Montenapo Daily.