Rosewood Hotels & Resorts has been appointed by real estate firm Gruppo Statuto to manage Rosewood Milan, which will open in 2025. The new property marks the brand’s fourth hotel in Italy, following the recent announcements of Rosewood Rome and Rosewood Hotel Bauer in Venice. These three projects will join Rosewood’s Italian estate resort, Rosewood Castiglion del Bosco in Tuscany, and demonstrate Rosewood’s strategic growth trajectory across Europe and within Italy particularly.

Occupying Palazzo Branca and Palazzo della Banca Commerciale – built in the 19th century and formerly home to the Italian Commercial Bank – the hotel will comprise 70 rooms, including approximately 20 suites, and adds to Rosewood’s portfolio of revitalised historic buildings and properties.

Guided by Rosewood’s A Sense of Place philosophy, wherein the destination informs every element of the experience, the property will evoke the romantic grandeur of historic Milan juxtaposed with a contemporary design. Influences from the city’s role as a hub of global fashion will also be evident throughout.

Parisian firm Studio KO will oversee the design, creating a space that melds classical details with modern touches that breathe new life and energy into the historic building while respecting its cultural heritage. The hotel’s bar and restaurant will feature a courtyard and garden, while wellness facility Asaya will house three treatment rooms, an indoor pool and fitness centre.

“This development comes with great excitement as we continue our growth in Europe and Italy specifically,” says Sonia Cheng, CEO 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.”

Giuseppe Statuto, Chairman of Gruppo Statuto, comments: “We are thrilled to partner with a brand such as Rosewood to bring these historic buildings back to life. 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 travellers and locals alike.”

Rosewood Milan is the latest hotel announcement for Rosewood, adding to a strong pipeline of projects set to open in Europe in the coming years, in Munich, Salzburg, Amsterdam, Rome, London and Venice. Rosewood Milan will join the brand’s existing portfolio of hotels and resorts across Europe, including Rosewood Vienna; Rosewood Castiglion del Bosco in Tuscany; Hôtel de Crillon, A Rosewood Hotel in Paris; Rosewood Villa Magna in Madrid and Rosewood London.