The oldest continuously running hotel in Venice is falling apart, but it won’t get a makeover from Bill Gates.
So when news broke last week that Bill Gates and Saudi Prince Al-Walid bin Talal would soon be spearheading the much-needed renovations through a €30 million deal to move the historic hotel from the Marriott Luxury Collection brand to their Four Seasons by 2024, eyebrows were raised. They weren’t even hiring an Italian to lead the works, tapping instead French designer Pierre-Yves Rochon who had already started sketching the new look for the glitzy renovation.
A representative for the Statuto Group told The Daily Beast that Gates’ Four Seasons does manage Statuto’s prestigious Mandarin in Milan and San Domenico Palace in Taormina—which remain firmly in the Italian real estate developer’s wheelhouse. But after the negative reaction, the Danieli will not be managed by the Four Seasons group. Four Seasons did not respond to multiple requests for comment for this story.
The face of Venice has changed drastically in the two years since the legendary Carnival celebrations were canceled as COVID-19 swept Italy as the first epicenter outside of China. Small trinket shops have all largely closed up and Airbnb owners are renting to students and families now since tourism is still slow.
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