www.economica.net/paval-dedeman-hotel-italia-2_994

Pavăl Holding, owned by the Pavăl brothers, is investing €50 million in the Grand Hotel on Lake Gardone, Italy. Renovation works are nearing completion, with a projected finish by late 2027 or spring 2028. An agreement with the local government has been established for logistics and public parking. The hotel will feature 160 luxury rooms and will be operated by Apex Alliance under the Hilton brand. This acquisition follows their previous investments in Italy and Switzerland, expanding their portfolio in the hospitality sector.