By the end of 2023, The Student Hotel (TSH) is expected to add another flag to its growing network of hybrid properties in Italy, after announcing it has acquired an Ex Dogana site in Rome’s San Lorenzo district.

Bringing the group’s investment in the Italian market to over €450million, the new hotel will be located in one of the city’s most authentic neighbourhoods and aligns with TSH’s spirit of life-long learning: the area hosts one of the largest universities and student communities in Europe, and is home to many artisans.

“We are very excited to have signed this deal and cannot wait to open our doors in what is perhaps the most famous city in the world,” says founder and CEO Charlie MacGregor. “We started our adventure in Italy with our first hotel in Florence in 2018 and last October we successfully opened TSH Bologna despite difficult Covid times. Needless to say, with three more hotels in the pipeline, we love Italy! We look forward to bring our philosophy of community to Rome and to make a positive impact to the neighbourhood of San Lorenzo.”

The 21,000m2 development will comprise 444 rooms for students, hotel guests and young professionals, as well as spaces for co-working, meetings and events. Moreover, the project features plenty of greenery and areas dedicated to sports and recreational activities – which will be fully open and accessible to the public.

Edoardo Volpi, Head of Investments Italy, The Student Hotel, comments: “This investment shows our confidence on the strong positive outlook of the Italian market and of such an important city as Rome, despite the difficult moment we are currently living in. Our aim is to bring our positive contribution to the already undergoing urban and cultural regeneration process and become an integral part of the community.”