A 114-room Kimpton lifestyle hotel will be developed by Castello Sgr’s Rome Hotel Development Fund and operated by IHG, featuring a rooftop bar, wellness facilities and a reinvented theatre as a multifunctional arts venue.
The 114-room hotel will include a rooftop bar, restaurant, internal courtyard, wellness facilities, meeting and event space, and a restored theatre repurposed as a multifunctional arts and events venue.
The project is owned by Castello Sgr’s Rome Hotel Development Fund, whose sole investor is 1AM Rome Prime Real Estate Development Fund.
The new property will join Kimpton Villa Miramare Taormina as the second Kimpton in Italy and will be part of IHG’s Luxury & Lifestyle growth in the country.
IHG Hotels & Resorts has signed a deal with Italian asset manager Castello Sgr to introduce the Kimpton brand to Rome. The plan converts an existing building in the Via Veneto district into a 114-room Kimpton hotel, targeting an opening in 2029.
The hotel's program combines guest amenities and cultural space:
The developer and ownership structure
The asset will be held by Castello Sgr's Rome Hotel Development Fund. The fund's sole investor is the 1AM Rome Prime Real Estate Development Fund. Castello Sgr is described in the announcement as an Italian asset management company focused on alternative investment funds, primarily real estate.
IHG says this will be its third hotel in the Via Veneto area and will join nine existing IHG properties in Rome, expanding its Luxury & Lifestyle portfolio in the city. The new Kimpton will be the second Kimpton property in Italy, alongside Kimpton Villa Miramare Taormina. Across Europe, IHG notes Kimpton has 14 open properties and six in the pipeline.
IHG's broader presence in Italy is also part of the announcement: as of 30 June 2026 the company operated 33 hotels in Italy with 21 more in the pipeline, and its Luxury & Lifestyle segment includes brands such as Six Senses, InterContinental, Regent, Vignette Collection, and Kimpton.
The project emphasizes a lifestyle approach that mixes hospitality with cultural programming. The restored theatre will be positioned as a social and cultural hub for guests and locals, intended to host arts and events rather than remain solely a hotel amenity. The location in Via Veneto places the hotel in one of Rome's established upscale districts, which the announcement describes as a prime setting for a luxury lifestyle offering.
Why this matters for readers tracking hospitality development
This signing reflects continued international-brand investment into Rome's high-end hospitality market and a trend toward adaptive reuse of historic or existing buildings that combine hotel functions with cultural venues. The project ties a major international operator (IHG) to a local developer and fund structure (Castello Sgr and 1AM), illustrating the typical partnership model for converting city assets into branded lifestyle hotels.
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